Assertion: gratuity | /r/HasProperty | exempt
Facets:
value: from tax
type: OTHER
value: fully
type: DEGREE
value: in the case of employees
type: OTHER
value: to the extent
type: OTHER
value: as per current law
type: OTHER
value: from taxation
type: OTHER
value: completely
type: DEGREE
value: from taxes
type: OTHER
value: from the term 'wages'
type: OTHER
value: from tax for all government employees
type: TRANSITIVE-OBJECT
value: up to rs 20 lakhs
type: OTHER
value: clearly
type: DEGREE
Source sentences:
text: Any gratuity received by an employee of the Central Government, State Government or local authority, on death or retirement is fully exempt from tax.
text: Gratuity is fully exempted from tax for all Government employees.
text: A tip or gratuity which is either a) given directly to an employee in cash, or b) added by a customer to a bill and paid in full (less any withholding) to the employee, is exempt if the following two conditions are met:
text: While interpreting the definition of wages, the court held that, "the very language of Sub-clause (6) suggests that any gratuity which is not covered by Clause (d) is excluded from the term 'wages'.
text: Gratuity would be considered clearly voluntary and exempt from tax if the app or restaurant device did the following at the time of payment:
text: Any gratuity paid by the government to its employees is fully exempt from tax, be it a central govt employee or state govt employee
text: Gratuity paid to Government sector employees is exempt from Tax.
text: For private sector employees not covered by the Payment of Gratuity Act, 1972, gratuity is exempt from tax in the hands of the employee up to the least of the following –
text: When the gratuity amount on a check or bill is a blank amount/line that the customer fills-in after food service is provided, the gratuity is clearly voluntary and exempt from tax.
text: As per current law, gratuity received by a government employee is fully exempt from tax.
text: Gratuity is exempt from income tax
text: Gratuity received by a government employee is fully exempt from tax but capped to the maximum amount receivable at INR 20 Lakh as per amendments made following the 7th Pay Commission recommendations.
text: As per the recent amendment in the taxation laws in India, gratuity is tax exempt up to Rs 20 lakhs.
text: Gratuity received by government employees is completely exempt from income tax, whereas gratuity received by non-government employees are exempt subject to certain ceiling limits.
text: For Gratuity not covered under the Gratuity Act any gratuity not covered by the Gratuity Act, is exempt from tax to the extent of least of the three amounts
text: According to existing laws, the gratuity received by government employees on their superannuation/retirement/termination is exempt from tax.
text: In this case, the establishment would also have to substantiate that the union turned over 100% of the gratuities to the employees in order for the gratuities to be exempt from sales tax.
text: Gratuity received under the Gratuity Act is exempt from taxation to the extent that it does not exceed 15 days’ salary for every completed year of service calculated on the last drawn salary (subject to a maximum of US$41,856 or Rs 30 lakh).
text: Any other gratuity is exempt to the extent that it does not exceed one half-month salary for each year of completed service calculated on the basis of average salary for 10 immediately preceding months.
text: Any other gratuity is exempt to the extent that it does not exceed one half-month salary’s for each year of completed service calculated on the basis of the average salary for 10 immediately preceding months subject to a maximum of Rs 20 lakhs.
text: Gratuity paid to Government employees is completely exempt from tax.
text: Any gratuity received by an employee of the Central Government, State Government or local authority, on death or retirement is fully exempt from tax.
text: Gratuity payable to government employees is fully exempt.
text: In case of private sector employees, the gratuity is exempt from tax subject to a maximum of Rs 10 lakhs or 15 days salary for each completed year of service
text: As per the formula under the Act, gratuity up to Rs 350,000 is exempt from taxes.
text: Any gratuity received by an employee of Central Government, State Government or local authority is wholly exempt from tax.
text: In the case of employees covered by the payment of gratuity act, 1972, any gratuity received by such employees is exempt from tax to the extent of the least of the following –
text: In the case of employees not covered by the payment of gratuity act, 1972, any gratuity received by such employees is exempt from tax to the extent of the least of the following –
text: A tip or gratuity which is either a) given directly to an employee in cash, or b) added by a customer to a bill and paid in full (less any withholding) to the employee, is exempt if the following two conditions are met:
text: In case of private sector employees, if they are covered under the Payment of Gratuity Act, 1972, then the gratuity is exempt from tax subject to a maximum of Rs 10 lakh or 15 days salary for each completed year of service (or part thereof)
text: The total amount that any government employee gets as gratuity is exempted from income tax be he
text: The total amount that any government employee gets as gratuity is exempted from income tax be he
text: Gratuity paid by the Government employers to its employees is fully exempted from taxation.
text: The gratuity received by employees of the following are exempted from income tax:
text: Gratuity received by employees who are covered under the Act is tax exempted, subject to certain conditions.
text: Gratuity received by a government employee will be fully exempted from income tax.