aakhyagopal
Dear all,
today there is a news in the news papers that the gratuity for the state govt. employees of A.P is hiked up to 8 lacks against the recommendations of the pay revision commission of 7 lacks and the demand of union leaders of Rs. 10 lacks.
whether the private employees are also eligible for this hick?

From India, Hyderabad
kvjraghunath
42

See the file
for more details see below link The Payment Of Gratuity Act, 1972: THE PAYMENT OF GRATUITY ACT, 1972

From India, Vijayawada
Attached Files (Download Requires Membership)
File Type: pdf Gratuity Sealing Enhancement.pdf (726.5 KB, 312 views)

Shyam Agrawal
22

Dear Aakhyagopal,
State governments and central government decide the amount of gratuity for their employees including employees of public sector undertakings. For all other employees in this country except government employees, railway employees, defence personnel, there is Payment of Gratuity Act, 1972 as amended from time to time. Latest amendment to this act was dated 25/05/2010 raising the ceiling from Rs.3.50 lakh to Rs.10 lakh. The Government of Andhra Pradesh amendment is applicable only to its own employees and employees of public sector undertakings fully owned by it. With regards,

From India, Pune
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