Workers in the formal sector would soon be eligible for tax free Rs20 lakh gratuity as Parliament is all set to pass the Payment of Gratuity (Amendment) Bill, 2017
1 min read14 Jan 2018The Payment of Gratuity (Amendment) Bill 2017 seeks to double tax-free gratuity for government and private sector employees to Rs20 lakh
2 min read13 Sep 2017The 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