BusinessMar 20, 2024, 10:15 AM IST
Gratuity, Payment of Gratuity Act 1972, eligibility criteria, service tenure, calculation method, employer obligations, employee benefits, statutory provisions, exceptions, financial acknowledgement, organizational compliance
EconomyMar 8, 2019, 5:59 PM IST
Finance minister Arun Jaitley on Friday announced that the income tax exemption limit on gratuity has been doubled from the existing Rs 10 lakh. The move is beneficial to employees, who are not covered under the Payment of Gratuity Act, 1972.
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