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Worried about high tax on Gratuity and Superannuation? I can help!

Milind Vadjikar |1178 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Apr 12, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Asked by Anonymous - Feb 09, 2025Hindi

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Hello, My Gratuity and Superannuation amounts are more than tax free limit, please advice how to reduce tax on it.

Ans: Hello;

You will have to pay tax on the excess amount.

There is no way to avoid it but you may check with a CA specializing in personal income tax to know more.

Best wishes;

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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Whether it was a genuine mistake or there are lingering issues that led to this slip-up, it is natural for your current partner to feel uncomfortable and even sad hearing you repeatedly calling out for your ex. I hope this much you acknowledge. Now moving on to how we can fix this- first of all, apologize; mistake or not, you can still say you are sorry. Next, have a clear discussion with your partner- ask her how it made her feel and what can you do to make it better. This way she can see that you are owing up and taking initiatives. Then, I want you to reflect- why is this happening? Did you get into this relationship before you could fully move on? Or have you been thinking about your ex? If so, why and is that fair to your present partner? I hope if you are honest with your answers, by the end of it you will have some clarity.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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