Dear All,
Finally Gratuity limit has been increased from Rs. 3,50,000 to Rs. 10,00,000, it is passed by the Parliament on 22.04.2010.
Please find attached the notification for your records.
Regards,
Jagdish Pathak
From India, Gurgaon
49Finally Gratuity limit has been increased from Rs. 3,50,000 to Rs. 10,00,000, it is passed by the Parliament on 22.04.2010.
Please find attached the notification for your records.
Regards,
Jagdish Pathak
From India, Gurgaon
Hi, Mr Jagdish Pathak - The attachment is the amendment bill and not the "notification". Can you please post the notification. Regards - Salian
From India, Mumbai
From India, Mumbai
Pathakji, The Notfn has been posted by many. But the crux of the issue is from which date the enhanced ceiling will be effective? If u carefully read the Notfn, it mentions that it will take effect from the date the Govt decides (appoints or fixes) to implement the revised Act. Though Central Govt wage revision circular stated that wage increase etc wld be effective from 1.1.2006 (1.1.2007 for PSUs), in view of the wording in the Act passed by the Parliament, there is an element of doubt. I wish we get to have clarity in this regard.
From India, New Delhi
From India, New Delhi
Dear Friend, The bill is for amendment and approval of Lok Sabha, it is not yet passed by Rajya Sabha. The official notification is not declared. Kindly note. regards/satishkumar
From India, Mumbai
From India, Mumbai
there are some confusion regarding this notification. anyone kindly clear to us this matter.
From India, New Delhi
From India, New Delhi
Friends
Somebody says it is not passed by Rajyasabha,IT IS WRONG ,It has indeed been passed by both houses and must
have gone to President for signature,Then only Gazzette notification.The suspense regarding Date of Implementation continues,the reply given by Minister in Rajyasabha makes us feel that it is not with retrospective effect.Since Private companys are involved they will lobby and get it differed as long as possible.Afterall outflow of money is involved.
From India, Visakhapatnam
Somebody says it is not passed by Rajyasabha,IT IS WRONG ,It has indeed been passed by both houses and must
have gone to President for signature,Then only Gazzette notification.The suspense regarding Date of Implementation continues,the reply given by Minister in Rajyasabha makes us feel that it is not with retrospective effect.Since Private companys are involved they will lobby and get it differed as long as possible.Afterall outflow of money is involved.
From India, Visakhapatnam
Hi, I spoke to many people about gratuity but everyone told me bill not yet passed from parliment. is that true? pvt sector people will get 10lkhs rupees as gratuity? Rgds Kishor
From United States, Westborough
From United States, Westborough
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Gratuity Act(Amendment) 28.3.2018.pdf
Payment of Gratuity Amendment Act 2009.doc