payment of graduity

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What is exemption limit for graduity in A.Y. 2019-20?
Any person received RS.54,00,000/- on a retirement from the services as a Teacher from Govt. school, files ITR-1 every year?
after what amount the tax will be applicable???
Replies (1)
gratuity paid to government employee is fully exempt from tax. so no tax liability in your case


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