Big Gift of Modi Government to the Payers,now the amount of gratuity will be doubled
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he government employees, who work in the private sector can give the gift of the monsoon session of Parliament. Under the Rs 20 lakh to gratuitymay be the amount of tax-free. The bill may be introduced in the monsoon session.
Pagaradarone currently working in the private sector amount to Rs 10 lakh is tax-free.
Important that it be admissible at the time of the employee's retirement from economic funding.
Parliament's monsoon session is going to start next 17 July. The aforementioned Bill gratuity has also been proposed to amend the law to the amount of the payment. So government employees on the basis of the increase in revenues and gratuity may decide to limit. And may be increased.
Gratuity payment of the Labor and Employment Minister Bandaru Dattatreya not answer the question about the bill on the amendment, the issue is already on the agenda of the government. Law to Rs 20 lakh employees working in the private sector after research gratuity amount to be entitled to tax-free.
Let us tell you that gratuity as a part of the employee's salary but the employee is not entitled to a month.Employee after leaving a job or retirement gratuity the amount of the receivable.
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