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Chapter No. 03 - Salary - Gratuity - [Sec. 10(10)]
Gratuity received by X will be fully exempt from tax under section 10(10)(i).
This exemption will be available even if he joins a private sector company after retirement from the Government service.
Gratuity exemption under Section 10(10)(i) remains available even if retiree accepts private sector employment after retirement. Gratuity paid to a government employee on retirement is fully exempt from income tax under the governing gratuity exemption provision, and that exemption remains available even if the retiree subsequently accepts employment in the private sector.Press 'Enter' after typing page number.
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