Shikha Sharma (Chartered Accountant) (311 Points)
27 July 2010As we know, gratuity, commuted pension and earned leave received at the time of retirement is exempt in the hands of Government Employees.
Can an person employed with a nationalised bank also be construed as a Central Government Employee for the above purposes??
DT Fundas - Tarun rustagi
( Author)
(1150 Points)
Replied 27 July 2010
dear shikha
bank employee is not covered under the defination used for this section.they are the members of union services etc. who are eligibile for this.
CAclubindia
