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lucky lucky
hi all,
1. can u pls tell me the time limit for the payment of gratuity to an employee after being eligible and resigned.
2. i know the max limit for gratituity payment is 10 lakhs, bt in case if the amount is more than the said limit, will it required to pay the amount ?? If so is it taxable ??
Kindly, clarify my doubts.
Thanks
Lakshmi Narayana

From India, Hyderabad
sethupathy
54

Dear Lakshmi Narayanan, The time limit to pay Gratuity is 30 days from the date of separation. As per as limit of 1o lakhs - the amount over 10 lakhs is taxable. S.Sethupathy Excellent HR Services.
From India, Coimbatore
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