Dear All,
I have following query/confusion w.r.t. provisions/practices on "The Payment of Gratuity Act, 1972"
Is the ceiling of Rs. 3.50 lacs towards max. gratuity payable under the payment of Gratuity Act or max. amount exempted under the Income Tax Act?
Regards,
Gaurang Sheth
I have following query/confusion w.r.t. provisions/practices on "The Payment of Gratuity Act, 1972"
Is the ceiling of Rs. 3.50 lacs towards max. gratuity payable under the payment of Gratuity Act or max. amount exempted under the Income Tax Act?
Regards,
Gaurang Sheth