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Gratuity: Tax Treatment, Time limit, and how to calculate?

Gratuity is a benefit that is payable under the Payment of Gratuity Act 1972. Gratuity is a sum of money paid by an employer...

Income tax benefits available to Salaried Persons

Salaried individuals constitute a large proportion of the total tax-payers in India and their contribution to the total tax collection is substantial. In this article,...

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