Tag Archives: Gratuity

Gratuity of upto 10 Lakhs Tax free

The Central Board of Direct Taxes has hiked the tax exemption limit from 3.5 lakhs to 10  lakhs.This change is w.e.f  24-05-2010, the date  from which the applicability of the new slab of 10 lakh applies.
This increase in the Gratuity amount itself is a breather for many a pensioners whose livelihood would have to sustain [...]

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