Dear Sir,
Has the Amendment Bill 2010, Payment of Gratuity Act 1972 extending the limit of gratuity from 3.5 Lakhs to 10 Lakhs, been passed by Lok Sabha as well as by Rajya Sabha and notified in the Gazette of India? If so, please let me know the date of notification and the date of application.
From India
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Has the Amendment Bill 2010, Payment of Gratuity Act 1972 extending the limit of gratuity from 3.5 Lakhs to 10 Lakhs, been passed by Lok Sabha as well as by Rajya Sabha and notified in the Gazette of India? If so, please let me know the date of notification and the date of application.
From India
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Dear Gupta,
The Payment of Gratuity (Amendment) Act 1972 was passed in Lok Sabha on 22.04.2010, thereby raising the limit from 3.50 lakhs to 10.00 lakhs, which will come into force from 22.04.2010. For details, please search "Payment of Gratuity (Amendment) Act" on Google, and you will find it. Hope this clarifies.
Ratilal Vasaikar,
Pune
From India, Mumbai
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The Payment of Gratuity (Amendment) Act 1972 was passed in Lok Sabha on 22.04.2010, thereby raising the limit from 3.50 lakhs to 10.00 lakhs, which will come into force from 22.04.2010. For details, please search "Payment of Gratuity (Amendment) Act" on Google, and you will find it. Hope this clarifies.
Ratilal Vasaikar,
Pune
From India, Mumbai
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Friends It is not so simple.The date will have to be specified by Ministry in the Gazzeette as stated in the Bill
From India, Visakhapatnam
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From India, Visakhapatnam
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gratuity amendment bill not yet notified the effective date will be mentioned only in the notification pls wait
From India, Coimbatore
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From India, Coimbatore
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The actual effective date of implementation will be mentioned by the Labour Ministry at the time of notification, which will be signed by the Honourable President of India. Hence, please wait and do not spread false information.
From India, Coimbatore
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From India, Coimbatore
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The Gratuity Amendment Bill 2010 was introduced on 22 Apr 2010 and passed by both the Houses of Parliament. Now, it is to receive assent from the President. After that, the Labour Ministry will notify the effective date. Hopefully, they have given retrospective effect so far.
There is a demand that it should be effective from 01 Jan 2006 as it was from this date that it is given effect to government servants, and for other PSUs, it was effective from 01 Jan 2007. For other sectors, we pray to God for a retrospective effect.
Vasudevan S
From India, Madras
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There is a demand that it should be effective from 01 Jan 2006 as it was from this date that it is given effect to government servants, and for other PSUs, it was effective from 01 Jan 2007. For other sectors, we pray to God for a retrospective effect.
Vasudevan S
From India, Madras
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The Ministry of Law and Justice has issued a notification in the official gazette on 18-05-2010. The date of effect of the revised ceiling may be decided by the central government through the official gazette. For authentic news, refer to the AIBOC (Andhra Pradesh Bank Employees Union) circular no. 71 dated 20-05-2010.
From India, Coimbatore
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From India, Coimbatore
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Dear friends,
The date of effect of gratuity amount must be from 1/1/2006, at par with central government employees. Since an amendment has been done by Parliament which should maintain equity of law, there should be no disparity or discrimination. This is a serious matter and requires mass representations to the Labour Ministry. Please raise the issue vigorously.
Sudhir Telang
From India, Bhopal
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2The date of effect of gratuity amount must be from 1/1/2006, at par with central government employees. Since an amendment has been done by Parliament which should maintain equity of law, there should be no disparity or discrimination. This is a serious matter and requires mass representations to the Labour Ministry. Please raise the issue vigorously.
Sudhir Telang
From India, Bhopal
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To correct the date to 24th May 2010 for the remaining sectors (other than government employees and Public Sector Undertakings) is truly discriminatory. Even RBI employees have received it retroactively. The reason why this action is not made applicable from 01.01.2006 to all sectors is unclear.
From India, Mumbai
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From India, Mumbai
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I retired from Coal India Ltd. Coal India raised the gratuity limit from 3.5 lac to 10 lac w.e.f. 1st Jan 2007. However, the payment is being done by deducting 10% income tax. Please clarify for me what is the notification, and from which date will it be effective in Coal India Ltd., a public sector unit.
From India, Ranchi
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From India, Ranchi
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Dear apm_naresh,
Can you please provide authentic proof for the backdating given to RBI employees so that we can also approach our management with reference to this? Kindly help us find a circular or any related information from RBI.
Thank you.
If anyone has information about this, they can also assist me in verifying the authenticity of the news.
From India, Coimbatore
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Can you please provide authentic proof for the backdating given to RBI employees so that we can also approach our management with reference to this? Kindly help us find a circular or any related information from RBI.
Thank you.
If anyone has information about this, they can also assist me in verifying the authenticity of the news.
From India, Coimbatore
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GRATUITY AMENDMENT ACT 2010 NOTIFICATION.pd f