Approved Gratuity

Tax queries 459 views 1 replies

what are the benefits to employer when gratuity is paid to his employee

Replies (1)

The gratuity is paid fort he benefit of the employee.However if the employers contribute to the approved gratuity fund for the benefits of the employee, he can claim deduction u/s 36 and the gratuity received by the employee is exempt from tax ,calculated according to the provisions of section 10(10).


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