Gratuity Cealing Limit - Pdf Download

pbskumar2006
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
amitshah
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
pbskumar2006
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
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.
goreprakash
Now there is a bill to raised the gratuity limit to 10 lacks . The bill is introduced in loksabha.Copy attached
regards
pvg
1 Attachment(s) [Login To View]

If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute