alexa
Indianmoney.com Missed Call Number

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
 
Home News No tax on Rs 20 lakh gratuity for private employees

Read more interesting news from around the globe with Indianmoney App

Google Play
 
Get the Best Financial Advice on Medical LoanClick Here
 
 
No tax on Rs 20 lakh gratuity for private employees

No tax on Rs 20 lakh gratuity for private employees

Wednesday, March 1, 2017, 10:09 AM

Private sector employees will now be able to withdraw up to Rs.20 lakh in tax-free gratuity. Till now the tax-free limit was Rs.10 lakh for government employees.The limit of Rs.20 lakh is applicable throughout the lifetime of an employee.An employee who has completed five years of continuous service in an organization is eligible for gratuity.This move is beneficial for the private sector employees.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Get It now!
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.