Ex gratia payments tend to hit the headlines following corporate exits, insurance settlements, or government relief announcements – but what do they really mean? Unlike normal payments, ex gratia ...
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HDFC Bank's Rs 1,500-crore ex-Gratia payout sounds generous — but there's catch in terms of taxes
In the previous financial year, HDFC Bank disbursed more than Rs 1,500 crore as ex-gratia to its employees—one of the largest one-time payouts made by any Indian private bank. Announced soon after the ...
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