The maximum amount of exemption in respect of gratuity received by an employee covered by the Payment of Gratuity Act is:

Related MCQs

• Commuted pension received by a non-government employee, who has not received gratuity shall be exempt:
• The exemption of retrenchment compensation received by an employee under Industrial Dispute Act shall not exceed:
• The exemption of leave salary received by a non-government employee at the time of retirement shall not exceed:
• The exemption of payment received under VRS shall not exceed:
• Gratuity received by a government employee is exempted:
• The amount of exemption in respect of academic allowance is limited to:
• The amount of exemption in respect of tribal area allowance is:
• Under which section, a firm is eligible for exemption in respect of long term capital gain arising from the sale of a residential house:
• For the A.Y , the tax exemption limit of income for BOI is:
• When the income of minor child is included in the income of parent, then parent is entitled to an exemption up to: