Central Government, regard to the maximum amount of any gratuity payable to its employees, hereby specifies two lakhs and fifty thousand rupees as the limit u/s 10(10)(iii)

Central Government, regard to the maximum amount of any gratuity payable to its employees, hereby specifies two lakhs and fifty thousand rupees as the limit u/s 10(10)(iii) https://www.taxtmi.com/notifications?id=12713 Central Government specifies a capped gratuity amount for the purposes of section 10(10)(iii) of the Income-tax Act, fixing a monetary ceiling to determine the exempt portion of gratuity paid to employees who retire, become incapacitated prior to retirement, die on or after the effective date, or whose employment is terminated on or after that effective date. en-us Thu, 01 Feb 1996 00:00:00 +0530 Sat, 13 Sep 2008 13:49:00 +0530 TaxTMI RSS Generator Central Government, regard to the maximum amount of any gratuity payable to its employees, hereby specifies two lakhs and fifty thousand rupees as the limit u/s 10(10)(iii) https://www.taxtmi.com/notifications?id=12713 Central Government specifies a capped gratuity amount for the purposes of section 10(10)(iii) of the Income-tax Act, fixing a monetary ceiling to determine the exempt portion of gratuity paid to employees who retire, become incapacitated prior to retirement, die on or after the effective date, or whose employment is terminated on or after that effective date. Notifications Income Tax Thu, 01 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/notifications?id=12713