Answer / r.chandrasekaran

Gratuity is calculated as 15 day's salary (7 days in the case of employees of seasonal establishments)based on the salary last drawn for every completed year of service or part thereof in excess of 6 months.

Gratuity is taxable u/s.10(10) of I.T.Act, 1961 to the extent of Rs.3,50,000/- or gratuity actually received, whichever is less.

3 dost 1 hotel me khana khne gye to unhone 75 rupye diye aur hotel ki malik ne unhe 5 rupaye wapas diya aur 2rupye water ne rakh diye aur une 1,1 rupye diye aur 1 rupya kha gya

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