Tax-free income in India: 8 types of income you don’t need to pay any tax onTax-free income: Unlock tax savings with these eight income sources exempt from income tax in India. From agricultural earnings and provide...
18 Jun, 2026, 01.51 PM IST
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
11 Jun, 2026, 07.43 AM IST
Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...
01 Jun, 2026, 11.44 AM IST
Retired govt employee claims Rs 20 lakh gratuity tax exemption; I-T Dept imposes Rs 2.2 lakh penalty; ITAT Cochin rules in her favourA retired state employee successfully challenged a Rs 2.2 lakh penalty imposed for claiming a higher gratuity tax exemption. The Income Tax...
31 Oct, 2025, 07.59 AM IST
Provident Fund, gratuity, leave encashment, pension commutation and all income tax benefits for retired employees released in a brochure by income tax deptThe Income Tax Department has come out with a brochure outlining tax benefits for retired employees in both the public and private sectors,...
26 May, 2025, 06.28 PM IST
Gratuity payment: Quitting your job before 5 years? You can still get gratuity; know howGratuity payment: Many employees who quit their jobs before five years of service think they cannot receive a gratuity. However, even if th...
19 Mar, 2025, 06.45 PM IST
Government employees can get gratuity up to Rs 25 lakh: What is tax-exempt gratuity for private sector, government employees?Tax-free gratuity limit for employees: The government has hiked the maximum amount of gratuity that a government employee can receive to Rs...
14 Jan, 2025, 05.33 PM IST
Tax queries: Can you claim tax refund on TDS deducted by employer on gratuity?Dilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
20 Mar, 2019, 11.13 AM IST
Income tax exemption limit on gratuity doubled to Rs 20 lakh: Labour MinThe latest enhancement of tax exemption limit on gratuity follows a government notification issued on March 29, 2018.
07 Mar, 2019, 06.30 PM IST
Will I be taxed if I don't withdraw EPF amount after retirement?There is no tax on EPF balance till the date of retirement. However, according to a recent ruling, any interest credited to EPF account aft...
19 Nov, 2018, 09.40 AM IST
Parliament passes bill that lets govt double tax-free gratuity to Rs 20 lakhThe ceiling of tax-free gratuity stands enhanced to Rs 20 lakh from existing Rs 10 lakh for employee under the Payment of Gratuity Act.
22 Mar, 2018, 03.52 PM IST
How to calculate taxable portion of gratuityCurrently, maximum tax-exempt gratuity is Rs 10 lakh. The government has tabled the Payment of Gratuity (Amendment) Bill, 2017 to raise the...
20 Dec, 2017, 10.25 AM IST
Who really gains from the proposed increase in tax-free gratuity limit to Rs 20 lakh?Proposed increase in tax free gratuity limit won't benefit bulk of employees immediately. Here's why.
25 Oct, 2017, 04.33 PM IST
Cabinet clears Bill to raise tax-exempt gratuity limit to Rs 20 lakh: Here's how you will be impactedAn employee is eligible to receive gratuity only if he has completed at least five years of continuous service with an organisation without...
13 Sep, 2017, 08.14 PM IST
You may soon be eligible for up to Rs 20 lakh tax-free gratuity. Here's the lowdownAs per the Payment of Gratuity Act 1972, an employee can receive gratuity only if he has completed at least five years of continuous servic...
10 Mar, 2017, 11.12 AM IST
- All gratuity received is not tax exempt despite hike in limits
Our expert offers tips on various tax-related issues in this weekly column.
17 Jun, 2010, 01.40 AM IST
- Banks seek review of tax exemption limit on gratuity
Banks, which will now be required to set aside higher provisions for employee gratuities under the new accounting norms, have urged the gov...
15 Jan, 2008, 02.23 AM IST