Dear all,
i have one query related gratuity:
1. Employee retired at the age of 58 years.
2. He completed 4 years of service in pvt ltd company.
3. if he is entitled, then it would be taxable or non taxable.
Reply and Suggestion please.
Regards
Sumit
From India, Gurgaon
i have one query related gratuity:
1. Employee retired at the age of 58 years.
2. He completed 4 years of service in pvt ltd company.
3. if he is entitled, then it would be taxable or non taxable.
Reply and Suggestion please.
Regards
Sumit
From India, Gurgaon
Sorry but that is allowed only in case of death or disablement. In case of superannuation 5 years are mandatory. But see this to know you are eligible or not Indian Labour Laws & Shram Suvidha Simplified
From India, Kolkata
180From India, Kolkata