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Showing posts with label Relief From Income Tax of Gratuity Amount. Show all posts
Showing posts with label Relief From Income Tax of Gratuity Amount. Show all posts

Saturday, 14 May 2016

Introduction

Gratuity is the payment made by the employer to his ex- employee for his past services. Gratuity is similar to a  gift given by employer for appreciation of past services of his employee . The technical definition of gratuity given by ICAI is “gratuity is a  voluntary payment made by an employer  in appreciation of services rendered by employee .