Dear All, Good news. Recently, the bill has been passed for the ceiling of the amount of gratuity up to 10 Lakhs, which was earlier 3.5 Lakhs. The recommendation was already applicable in government undertakings (recommended by the 6th Pay Commission); now, it will be applicable in the private sector as well.
For more details, you can view the following link - [Gratuity ceiling raised to Rs 10L - Yahoo! India News](http://yahoo.com) *[link updated to site home]* ([Search On Cite](https://www.citehr.com/results.php?q=Gratuity ceiling raised to Rs 10L Yahoo India News) | [Search On Google](https://www.google.com/search?q=Gratuity ceiling raised to Rs 10L Yahoo India News))
Thank you.
From India, Mumbai
For more details, you can view the following link - [Gratuity ceiling raised to Rs 10L - Yahoo! India News](http://yahoo.com) *[link updated to site home]* ([Search On Cite](https://www.citehr.com/results.php?q=Gratuity ceiling raised to Rs 10L Yahoo India News) | [Search On Google](https://www.google.com/search?q=Gratuity ceiling raised to Rs 10L Yahoo India News))
Thank you.
From India, Mumbai
Payment of Gratuity Act is applicable to all factories/establishments having 10 or more employees. For more information, you can look at the Payment of Gratuity Act 1972. It is available online.
Regards,
Amit
From India, New Delhi
Regards,
Amit
From India, New Delhi
Hi,
The proposal has to be presented in the Parliament in the form of a bill and has to be passed in both the Lok Sabha and the Rajya Sabha before it becomes an Act. Until then, only the existing Gratuity Act is applicable.
From India, Madras
The proposal has to be presented in the Parliament in the form of a bill and has to be passed in both the Lok Sabha and the Rajya Sabha before it becomes an Act. Until then, only the existing Gratuity Act is applicable.
From India, Madras
Dear,
Please clarify if the current gratuity amount ceiling of Rs. 3.5 L is the maximum gratuity amount or if it is a tax-free gratuity amount. This is not clearly stated in the Gratuity Act. If anyone has any notification regarding this, please share it with me.
From India, Faridabad
Please clarify if the current gratuity amount ceiling of Rs. 3.5 L is the maximum gratuity amount or if it is a tax-free gratuity amount. This is not clearly stated in the Gratuity Act. If anyone has any notification regarding this, please share it with me.
From India, Faridabad
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