Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
Income tax exemption for gratuity – Enhanced Upto Rs. 20 lakhs w.e.f. 29.03.2018 – Gazette Notification
(Department of Revenue)
New Delhi, the 8th March, 2019
S.O. 1213(E). – In exercise of the powers conferred by sub-clause (iii) of clause (10) of section 10 of the Income-tax Act, 1961 (43 of 1961), and in supersession of Ministry of Finance, Department of Revenue, notification number S.O. 141(E), dated the 11th June, 2010, except as respects things done or omitted to be done before such supersession, the Central Government, having regard to the maximum amount of any gratuity payable to employees, hereby specifies twenty lakh rupees as the limit for the purposes of the said sub-clause in relation to the employees who retire or become incapacitated prior to such retirement or die on or after the 29th day of March, 2018 or whose employment is terminated on or after the said date.

From India, Mumbai
Dear Sir,
Greetings for the day,
INCOME TAX EXEMPTION FOR GRATUITY - ENHANCED UPTO RS. 20 LAKHS W.E.F. 29.03.2018 - GAZETTE NOTIFICATION is enclosed herewith for the reference.
Thanks & Regards,
Sumit Kumar Saxena

From India, Ghaziabad

Attached Files
File Type: pdf 20-Lakh-for-Gratuity.pdf (287.9 KB, 40 views)

This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™