I-T exemption limit on gratuity doubled to Rs 20 lakh, says labour ministry
Labour Minister Santosh Kumar Gangwar has said in the statement that this would benefit those employees of public sector undertakings (PSUs) and other employees not covered by the Payment of Gratuity Act, 1972, and has thanked Finance Minister Arun Jaitley for enhancing the exemption limit.
Labour Minister Santosh Kumar Gangwar has said in the statement that this would benefit those employees of public sector undertakings (PSUs) and other employees not covered by the Payment of Gratuity Act, 1972, and has thanked Finance Minister Arun Jaitley for enhancing the exemption limit.
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