Amount received at the time of retirement

This query is : Resolved

Chitale Road (Querist)
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09 March 2018 Please tell me the amount received at the time of retirement by ( Maharashtra State Electricity Employee) Gratuty Rs.25,03,580/- Leave Encashment Rs.9,46,000/- is taxable or not.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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09 March 2018 please check https://www.mahadiscom.in/Gratuity_21jun.pdf

also, check the applicability of increased limit of Rs 20 lakhs from gratuity.

for leave encashment, check whether the person is covered as a government employee or not. If he/she is, then whole of leave encasement is exempt

Chitale Road

Chitale Road (Querist)
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09 March 2018 Sir Please tell me the MSEDCL Employee is government Employee or Not & Same time government Employeee Gratuty Received at the time of Retirement is Exempt or taxable...

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