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Central Government, regard to the maximum amount of any gratuity payable to its employees, hereby specifies two lakhs and fifty thousand rupees as the limit u/s 10(10)(iii)

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..... Income Tax - Income Tax - Section 010(10) - Notifications - IT - Central Government, regard to the maximum amount of any gratuity payable to its employees, hereby specifies two lakhs and fifty thous .....

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..... the three purposes mentioned in that sub-clause in relation to the employees, referred to therein, who retire or become incapacitated prior to such retirement or die on or after the 1st day of April, .....

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