Gratuity exemption limit under Section 10(10)(iii) increased for qualifying retirements, incapacities, deaths and terminations. The Central Government specifies twenty lakh rupees as the limit for the purposes of Section 10(10)(iii) in relation to gratuity payable to employees who retire, become incapacitated prior to retirement, die, or whose employment is terminated on or after the stated effective date, and the notification supersedes the earlier 2010 notification to the extent inconsistent.