Tax Saving on compensation after laid off

Dear Team,

I have been laid off and got some compensation amount. And too after tax deduction…

My Gratuity amount is received after tax deduction…

Kindly help / guide or suggest me the way I can make some refund…

I opted for old regime…Home loan is also running…

Looking for your advise.

Hello @Ginni

The gratuity amount is exempt in certain conditions. To understand the complete taxation on gratuity you can read the below article:

For any tax advisory, you can book a slot using the below link where a tax expert from Quicko’s team can connect with you, understand your total income for a financial year and help file the taxes.

Book a MEET

Thank you.