Home National Tax ceiling for gratuity increased to Rs. 20 lakh

Tax ceiling for gratuity increased to Rs. 20 lakh

By
Arpita Goswami
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434
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(G.N.S) DT.22 The Rajya Sabha today passed the Payment of Gratuity (Amendment) Bill without discussion. This key bill increases the ceiling of tax-free gratuity amount from Rs. 10L to Rs. 20L. It also allows government to fix the period of maternity leave for female employees in continuous service. Further, it allows government to change

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