Government has released the notification for payment of revised gratuity amounting Rs Twenty Lakhs to bankers since 29th March 2018. Important Points 1. The ministry of labor and employment vide gazette notification dated 29th March 2018 …
Government is all set to launch Payment of Gratuity Amendment Bill 2017 in upcoming budget session of parliament. Once the bill gets pass in the parliament, the eligibility of tax free gratuity for employees of organized sector workers will be Rs …
Central Government already has increased the Gratuity limit for all central government employees from existing Rs 10 lacs to Rs 20 lacs since 01-01-2016. The cabinet has also approved the amendment notes in parliament. On the basis of enhancemen…