SAVE MORE TAX WHEN YOU RETIRE AFTER A LONG SERVICE PERIOD
LIMIT OF GRATUITY UNDER SECTION 10(10) OF INCOME TAX ACT, 1961, HAS BEEN INCREASESD BY GOVERNMENT w.e.f ASSESSMENT YEAR 2010-2011. THE LIMIT IS NOW Rs 10,00,000
IF YOU ARE AN GOVERNMENT EMPLOYEE THEN NOTHING WILL BE TAXABLE BUT IF YOU ARE WORKING UNDER EMPLOYEE OTHER THAN GOVERNMENT THEN MAXIMUM YOU CAN SAVE Rs 10,00,000 FROM TAX
FOR MORE INFORMATION AND FOR ANY QUERY FEEL FREE TO WRITE US AT tytgroup@live.com
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