pbskumar2006
590

Dear Friends, The maximum limit of gratuity is Rs.3.5 lakhs. Is there any Gazett Notification.? If so any one please supply. URGENT PLEASE Regards, PBS KUMAR
From India, Kakinada
amitshah
7

Dear PBS,
The law which is made for gratuity and the provision made in this for the limit of gratuity (Rs. 3.5 l maximum) it self is a gazette notification. As it was decided by the govt. authority while making this law which contains the board of members from the Labour ministry.
I hope it is clear.
Thanks,
Amit

From India, Mumbai
pbskumar2006
590

Dear Mr. Amit ji,
Every ammendment of the act, there is a notification. Just like Bonus cealing ammendment notification recently. Without gazett notication 'NO' act should be ammended.
Regards,
PBS KUMAR

From India, Kakinada
Ishita Mahajan
hi,
As per my knowledge of course the max. limit is 3.5 lakhs but a company can get it increased acc. to its requirements and dat is approved by law, bt the amt. above 3.5 lakhs is taxable.
If I m wrong plz correct me.

From India, Chandigarh
goreprakash
Now there is a bill to raised the gratuity limit to 10 lacks . The bill is introduced in loksabha.Copy attached regards pvg
From India, Mumbai
Attached Files (Download Requires Membership)
File Type: pdf Payment%20of%20Gratuity%20Amendment%20Bill%202010[1].pdf (78.6 KB, 205 views)

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