The maximum amount of any death-cwm-retirement gratuity received by an employee not covered under the Payment of Gratuity Act, 1972 on Superannuation from the employer exempt from tax is of

Question:The maximum amount of any death-cwm-retirement gratuity received by an employee not covered under the Payment of Gratuity Act, 1972 on Superannuation from the employer exempt from tax is of

1.₹ 20 Lakh

2. ₹ 10 Lakh

3.₹ 5 Lakh

4. ₹ 15 Lakh


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