Gratuity Tax Exemption (2026): Rs 20 Lakh Limit, Formula & Rules
Gratuity tax exemption explained: Rs 20 lakh lifetime limit for private employees, full exemption for government staff, 15/26 formula, worked examples, and both-regime treatment.
Gratuity tax exemption explained: Rs 20 lakh lifetime limit for private employees, full exemption for government staff, 15/26 formula, worked examples, and both-regime treatment.
Gratuity up to ₹20 lakh is tax-free over your whole career. This guide covers the 15/26 formula, covered vs not-covered rules, the lifetime limit, and what changed under the Code on Social Security, 2020.