Question

3 months in Bharat Chemicals Ltd Mr X who is
atty Act returns from service on 30th November, 2018. The
of 9.00.000. His monthly basic salary at the time of retine
uired to determine the amount of gratuity exempt under section IORIO
DA R600 and HRA 4.500
en as completed years of service​

Answer 1

Answer:

isbhs e

Explanation:

ahajs e dxjs wjsje she ske ske gbss. d

Answer 2

Explanation:

As per current law, gratuity received by a government employee is fully exempt from tax. The maximum amount they can receive is Rs 20 lakh as per amendments made following the 7th Pay Commission recommendations. However, for non-government employees the maximum tax-exempt gratuity limit is Rs 10 lakh as of now