Understanding the Payment of Gratuity Amendment Act 2010: Key Insights and Updates

Other Discussions That May Be Relevant

Payment of gratuity amendment bill 2010 - pdf download
Dear friends i am attaching a copy of the payment of gratuity amendment bill 2010 as introduced in parliament on 22.4.2010 for your information. the bill provides for an increase...
23 Replies 3 Files 18 Participants

When does the amendment (2010) gratuity act take efeect?
Dear friends a few questions here which i wish to be replied to: 1. when will the gratuity act amendment 2010 as approved by the cabinet take effect? 2. will...
2 Replies 0 Files 3 Participants

Insights on bonus act amendment 2010 and payment of bonus act - legislative update
The payment of bonus amendment act 2010 is applicable for the financial year 2011 12. the calculation should be based on 11 of basic instead of 8.33. please help. also...
10 Replies 1 Files 9 Participants

New amendment to payment of gratuity act, 1972 - rs. 20 lakh taxfree gatuity
Though the parliament has approved the amendment to the payment of gratuity act 1972 it is still not legalized as a law for private sector employees. please let me know...
6 Replies 0 Files 5 Participants

Understanding the amendment to gratuity act and implications on ceiling limits
Sir could you kindly clarify whether the gratuity of rs. 10 lakhs ceiling to be paid to a person retiring after 2006 has been overruled by this amendment of the...
2 Replies 0 Files 2 Participants

Updates on gratuity limit amendment under the payment of gratuity act
Times of india dated 5th march 2010: it has been reported that the government has approved raising the ceiling for payment of gratuity for private employees from rs. 3.50 lacs...
13 Replies 2 Files 13 Participants

Amendment in definition of 'employee' in payment of gratuity act 1972.
The above mentioned act was passed by the parliament in order to include 'teachers' under the definition of 'employee' thereby making teachers also eligible for gratuity. the amendment was made...
4 Replies 0 Files 4 Participants

Related Files & Downloads Shared By Members