Whether employees of Government PSUs can be treated as Government employees for the purpose of income-tax exemptions on retirement benefits?

Whether employees of Government PSUs can be treated as Government employees for the purpose of income-tax exemptions on retirement benefits?   Whether employees of Government PSUs (Public Sector Undertakings) can be treated as Government employees for the purpose of income-tax exemptions on retirement benefits – such as gratuity, leave encashment, commutation of pension, etc. Basic Principle: Under the Income Tax Act, 1961, the term “Government employee” has a specific and…

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