Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Tuesday, November 21, 2017

Gratuity

   Best SIP Funds to Invest Online 






 Gratuity is a payment that an employer makes to the employee either at retirement or when he leaves the company after continuously working for five years or more.

As per Payment of Gratuity Act, 1972, companies with more than 10 employees working in factories, mines, oilfields, plantations, ports, railway companies, shops or other related establishments need to pay gratuity.

Gratuity is calculated as 15 days' last drawn wages multiplied by the number of years of service completed.

Gratuity paid to government employees is exempt from tax and the tax-free limit for private employees is `20 lakh.

The gratuity amount is paid by the employer unlike the case of the provident fund where the employee too contributes.



Invest Rs 1,50,000 and Save Tax up to Rs 46,350 under Section 80C. Get Great Returns by Investing in Best Tax Saver ELSS Funds. Save Tax Get Rich

For further information contact SaveTaxGetRich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com

OR

Call us on 94 8300 8300

No comments:

Post a Comment

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Popular Posts