Is Gratuity limit of RS.200K (100K) is for payment of Gratuity or For income tax purpose?
Secondly,if as per formula calculation the amount exceeds RS.200K(100K), what's the amount to be paid? If the limit prevails over formula, then formula is ineffective in practice?
Secondly,if as per formula calculation the amount exceeds RS.200K(100K), what's the amount to be paid? If the limit prevails over formula, then formula is ineffective in practice?