Hi, earlier, the gratuity limit was up to 3.5L, but now it is 10L (maximum) based on tenure. Please correct me if anyone finds this information to be incorrect.
From 24.5.2010 onwards, the maximum limit of gratuity is Rs. 10,00,000. However, if the employer wishes, they can pay in excess. But income tax exemption will be up to Rs. 10,00,000.
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