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    5. The death-cum-retirement gratuity received by the Government Employee or employee of local authority

    Question

    The death-cum-retirement gratuity received by the

    Government Employee or employee of local authority is _______________.
    A Partially exempted Correct Answer Incorrect Answer
    B Fully exempted Correct Answer Incorrect Answer
    C Half taxable Correct Answer Incorrect Answer
    D Fully taxable Correct Answer Incorrect Answer

    Solution

    Death-cum-Retirement Gratuity (DCRG) is a lump sum payment made based on the total service of an employee either on retirement or death.

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