Gratuity

This query is : Resolved 

31 March 2016 is gratuity received taxable to an Pvt Ltd CO employee ,if he is leaving the job an going to abroad for job

01 April 2016 It is not taxable provided the gratuity is paid as per the provisions of Gratuity Act.

01 April 2016 Gratuity is exempt if is paid in accordance with Gratuity Act 1972.


01 April 2016 but gratuity received after retirement is exempt na and gratuity received during employment is taxable ?

12 April 2016 Yes. Exempt if received after retirement/ resignation/ termination etc upto limit specified as per section 10(10)



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