Are retirement benefits like PF and Gratuity taxable? - Tax India

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Friday, February 16, 2018

Are retirement benefits like PF and Gratuity taxable?

 Are retirement benefits like PF and Gratuity taxable?

​​​​In the hands of a Government employee Gratuity and PF receipts on retirement are exempt from tax. In the hands of non-Government employee, gratuity is exempt subject to the limits prescribed in this regard and PF receipts are exempt from tax, if the same are received from a recognised PF after rendering continuous service of not less than 5 years.​

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