Tuesday, Jun 22, 2021 | Last Update : 12:53 AM IST

gratuity

Income tax exemption limit on gratuity doubled to Rs 20 lakh, says labour ministry

'This would benefit those employees of PSUs and others not covered by Payment of Gratuity Act, 1972,' said Labour Minister Santosh Gangwar.

07 Mar 2019 6:47 PM

No case of pension, gratuity fund diversion at PNB: Jaitley

PNB has also apprised that no amount was taken back or withdrawn from the trusts' account.

04 Jan 2019 3:22 PM

Air India doubles gratuity ceiling amount of employees

Around 6500 employees of the airline stand to benefit from this new announcement.

02 Jul 2018 11:32 AM

Govt notifies law for doubling tax-free gratuity to Rs 20 lakh

Earlier, the upper ceiling on gratuity amount under the act was Rs 10 lakh.

31 Mar 2018 11:17 AM

Tax free Rs 20 lakh gratuity for employees a reality soon

At present formal sector workers with five or more years of service are eligible for Rs 10 lakh tax free gratuity.

15 Jan 2018 10:58 AM

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Centre doubles tax-free gratuity for formal sector staff to Rs 20 lakh

The gratuity was raised considering inflation and wage increase even in the case of employees engaged in the private sector.

13 Sep 2017 10:29 AM

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