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
Gratuity payment can be denied by employer in this condition, rules Supreme CourtGratuity payment: Supreme Court said employers can forfeit gratuity payments if the employee was dismissed due to moral turpitude reason an...
24 Feb, 2025, 11.50 AM 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
Gratuity nomination: Who you can, cannot nominate and how to do itHere is a look at what the law states about, who can be nominated in case of gratuity, how the nomination must be made and when a nominee w...
23 Nov, 2022, 03.36 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
Tax-free gratuity ceiling raised to Rs 20 lakh for private sector employeesThe notification follows changes in the Payment of Gratuity Act which had empowered the government to fix the ceiling of the retirement ben...
29 Mar, 2018, 10.07 PM 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
Lok Sabha passes bill to enable govt to double tax-free gratuity to Rs 20 lakhThe amendment will allow govt to enhance the ceiling of tax-free gratuity to Rs 20 lakh from existing Rs 10 lakh for employee under the Pay...
15 Mar, 2018, 06.16 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
Bill floated in Lok Sabha to amend Payment of Gratuity ActGovt to notify the period of maternity leave and gratuity that can be availed by employees under a central law
18 Dec, 2017, 03.44 PM IST
Bill to double tax-free gratuity to Rs 20L in monsoon sessionBesides, the bill to amend the Payment of Gratuity Act also seeks to enable the central government to change the ceiling for tax-free gratu...
09 Jul, 2017, 11.43 AM IST
Cabinet nod likely to double gratuity cap to Rs 20 lakh"The bill to amend the Payment of Gratuity Act is likely to be considered and approved by the Union Cabinet in its meeting," a source said.
15 Mar, 2017, 10.59 AM 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
Tax-free limit for gratuity hiked to Rs 20 lakhPresently, an employee with at least five years of continuous service is eligible to get gratuity, which forms part of the overall salary p...
25 Feb, 2017, 08.46 PM IST
- Bonanza for employees receiving gratuity
Any death-cum-retirement gratuity received by an employee in accordance with the prescribed scheme/rules, is not taxable. Investing in MIP,...
03 Jun, 2010, 06.47 AM IST
- Teachers to get Gratuity benefits
College and school teachers will soon be eligible for gratuity benefits after Parliament amends the Payment of Gratuity Act.
26 Jul, 2007, 10.30 PM IST