Read all Latest Updates on and about Gratuity

Top

Begin typing your search above and press return to search.

Home
»
Gratuity

Finance Ministry notifies exemption of Pension - Finance Ministry - exemption of Pension - PF and Gratuity - Tribunal Members - taxscan

Finance Ministry notifies exemption of Pension, PF and Gratuity Benefits for Services rendered by Tribunal Members [Read Notification]

Navasree A.M

The Ministry of Finance vide notification no. G.S.R. 655(E) issued on 5th September 2023 has notified the Tribunal (Conditions of Service) Second...

Gratuity is to be Calculated from the date on which it becomes Payable and not from the date of...

Central Government - Non-Government Provident - Superannuation - Gratuity Fund Interest Rates - Gratuity Fund - Interest Rates - taxscan

Central Govt notifies Non-Government Provident, Superannuation and Gratuity Fund Interest Rates

Patna High Court - Interest - Payment - Pension - Pension and Gratuity - taxscan

Patna HC directs to pay 5% Simple Interest on delayed Payment of Pension and Gratuity [Read Order]

Relief to Astra Zeneca: ITAT restores matter on Disallowance of Contribution towards Gratuity Funds...

Leave Encashment and Employees provision for Gratuity are ascertained Liability, allowable in Book Profit Computation: ITAT [Read Order]

The Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) has held that leave encashment and employee provision for Gratuity is ascertained liability and allowable in book profit computation. ...

No Gratuity Payable When Corporate Debtor does not Create a Gratuity Fund: NCLT [Read Order]

The National Company Law Tribunal (NCLT) of Chandigarh Bench held that Gratuity is not payable when the Corporate Debtor does not create agratuity fund. The applicant is seeking direction against...

Gratuity Entitled for Income Tax Deduction u/s 36 (1)(va): ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Chennai Bench, has recently in an appeal filed before it, held that gratuity is entitled for deduction under section 36(1) (va) of the Income tax Act. The...

RBI Employees’ Gratuity and Superannuation Fund (Amendment) Regulations Notified [Read Notification]

The Reserve Bank of India (RBI) has notified the RBI Employees’ Gratuity and Superannuation Fund (Amendment) Regulations, 2021, which shall come into effect from March 31, 2021. As per the...

Assessee in principle entitled to Claim Deduction of Gratuity paid before Appellate Authorities: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that assessee in principle is entitled to claim a deduction of gratuity paid before the appellate authorities. The assessee, M/s....

Provision for Gratuity can be Deducted while Computing Book Profit: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Bangalore has last week held that the provision for gratuity can be deducted from the book profit under Section 115JB of the Income Tax Act, 1961. The only...

Finance Ministry enhances Income Tax Exemption for Gratuity

Ministry of Finance has enhanced the income tax exemption for gratuity under section 10 (10) (iii) of the Income Tax Act, 1961 to Rs. 20 lakhs. Shri Santosh Kumar Gangwar, Minister of State for...