Finally Gratuity limit has been increased from Rs. 3,50,000 to Rs. 10,00,000, it is passed by the Parliament on 22.04.2010.
Please find attached the notification for your records.
Somebody says it is not passed by Rajyasabha,IT IS WRONG ,It has indeed been passed by both houses and must
have gone to President for signature,Then only Gazzette notification.The suspense regarding Date of Implementation continues,the reply given by Minister in Rajyasabha makes us feel that it is not with retrospective effect.Since Private companys are involved they will lobby and get it differed as long as possible.Afterall outflow of money is involved.
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