Gratuity Tax News

Money

Gratuity: Eligibility, how to calculate, income tax exemption and other details

Employers not covered under the Payment of Gratuity Act 1972 Act can also pay gratuity to their employeesGratuity received by a government employee is fully exempt

2 min read13 Jul 2020
Money

Gratuity for private sector, government employees at par for tax

Gratuity of an employee of a central, state or local government agency is fully exempt when withdrawn on death or retirement

2 min read28 Mar 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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