: Mr. Ravi retired on 15.6.2020 after completion of 26 years 8 months of service and received gratuity of 15,00,000. At the time of retirement, his salary was: Basic Salary *50,000 p.m. Dearness Allowance : 10,000 p.m. (60% of which is for retirement benefits) Commission : 1% of turnover (turnover in the last 12 months was 1,20,00,000) Bonus : 25,000 p.a. Compute his taxable gratuity assuming: (a) He is private sector employee and covered by the Payment of Gratuity Act, 1972. (b) He is private sector employee and not covered by Payment of Gratuity Act, 1972. (c) He is a Government employee