Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income-tax and Corporate Tax Planning

Gratuity received by an employee covered by the Payment of Gratuity Act, 1972 is exempt to the maximum of ______ for the Assessment year 2021-22.

1

Rs. 3,50,000

2

Rs. 10,00,000

3

Rs. 20,00,000

4

Rs. 30,00,000

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