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FAQ > Can I get tax exemption on the receipt of Gratuity?
Can I get tax exemption on the receipt of Gratuity?
Income-Tax exemption - Gratuity received up to Rs. 3.50 lakhs is exempt from Income Tax. Gratuity paid above that limit is taxable. [Section 10(10) of Income Tax Act] - - However, employee can claim relief u/s 89 in respect of the excess amount.
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