Gratuity

Now Tax-free Gratuity limit is increased to 20L and Maternity leave period can be of 26 Weeks: Parliament passes the bill

Parliament passed the bill which increases the limit of tax-free gratuity amount. Earlier it was 10L and now it is increased to 20L. This bill allows the government to increase the limit without amending in law. The amendment to the payment of gratuity law comes in the backdrop of Maternity Benefit (Amendment) Act, 2017 enhancing […]

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