Tax free Rs 20 lakh gratuity for employees may be a reality soon (Article on Economic Times) Payment of Gratuity Amendment Bill 2017 is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for tax free Rs 20 lakh gratuity. At present formal sector workers with five or more years of service are eligible for Rs 10 lakh tax free gratuity after leaving job or at time of superannuation. "The Payment of Gratuity (Amendment) Bill, 2017 will be passed in the Budget session of Parliament, expected to begin by the end of this month, " a source said. The source further said, "The government wants to provide tax free gratuity of Rs 20 lakh to organised sector workers at par with Central government". EMKAY CONSULTANCY SERVICES (ESTT 1985) LABOUR LAW CONSULTANT. 104, Animesh Appartment, lohar ali, Station Road, Near Karnavat Classes & Laxmi book depot, Above SUN Enterprises, Thane west 400602. Call us- 022 25440636 / 022 25390466. Cell No - 8655800550 / 9833043749. www.emkayconsultancy.in Our Google+ A/c Our App Like us on Facebook