Gratuity received for less than 5yrs of experiance?

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 February 2013 What if an employee receives gratuity even though he didn't serve 5yrs to the company? can he claim gratuity exemption? what are the provisions related to this?
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Santosh Mishra

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Santosh Mishra (Expert)
27 February 2013 If the employee has completed 4 years & 240 days of service, he is eligible for gratuity.
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Santosh Mishra

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Santosh Mishra (Expert)
27 February 2013 As gratuity would be paid under payment of Gratuity Act, it would be exempted from tax to the tune of INR 10,00,000
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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2013 Thanks for ur replies..
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
17 August 2023 Agreed with expert..

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