Gratuity for government employees is tax-free; however, it is taxable for private employees if the amount is more than Rs 20 lakh.

Gratuity serves as a reward for employees who have completed a minimum of 5 years of continuous service, acknowledging their loyalty and commitment to the organisation. Organisations with 10 or more ...

Gratuity is a statutory benefit for employees completing five years of continuous service, calculated using a specific ...