In a recent judgement Delhi High court has stated that non governmental institutions are free to fix the upper limit for gratuity at a higher level then that provided by government.
Palak Lotiya (Legal Content Writer/ Editor Resource Person) 12 December 2009
In a recent judgement Delhi High court has stated that non governmental institutions are free to fix the upper limit for gratuity at a higher level then that provided by government.
Ram K (Manager) 29 December 2009
as far us my concern the limit is fixed but apart from the ceiling the balance may by way of execratio or the remaining gratuity will be taken into taxable income under IT Act