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The govt has increased the ceiling of tax-free #gratuity to Rs 20 lakh from Rs 10 lakh for employees under the #PaymentofGratuityAct. The Act is applicable to employees, who have completed at least 5 yrs of continuous service in an establishment that has 10 or more persons. Watch BusinessToday.In's video to find out what is gratuity and who is entitled to it. #BusinessTodayVideo | Business Today
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