Business Studies, asked by shifanasuru, 8 days ago

what's the maximum limit and mode of payment of gratuity​

Answers

Answered by vidhioswal71106
0

Answer:

Please give full question?????

Answered by ItZzMissKhushi
1

Answer:

Gratuity is a benefit given by the employer to employees. A recently approved amendment by the Centre has increased the maximum limit of gratuity. Now it is tax exempt up to Rs 20 lakh from the previous ceiling of Rs 10 lakh, which comes Section 10(10) of the Income Tax Act.

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