Gratuity ceiling raised to 20 Lakhs w.e.f. 29.3.2018 Payment of Gratuity (Amendment) Act, 2018 brought in force on 29th March, 2018 Decision:The Payment of Gratuity (Amendment) Bill, 2018 has been passed by Lok Sabha on 15th March, 2018 and by the Rajya Sabha on 22nd March, 2018, has been brought in force on 29th March, 2018. Background: The Payment of Gratuity Act, 1972 … [Read more...] about Payment of Gratuity (Amendment) Act, 2018 brought in force on 29th March, 2018
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Ceiling on Gratuity
Upper Ceiling on Gratuity 20 Lakhs – Gratuity Bill Passed by Parliament
Upper Ceiling on Gratuity 20 Lakhs - Gratuity Bill Passed by Parliament Ministry of Labour & Employment Payment of Gratuity (Amendment) Bill, 2018 passed by Parliament The Payment of Gratuity (Amendment) Bill, 2018 has been passed by parliament today.The bill ensures harmony amongst employees in the private sector and Public Sector Undertakings/Autonomous Organizations … [Read more...] about Upper Ceiling on Gratuity 20 Lakhs – Gratuity Bill Passed by Parliament
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