A Bill for further amendment of Payment of Gratuity Act 1972 has introduced in Rajya Sabha on 23.11.2012. Regards Sant Tomar Assistant Manager IR & Legal Lafareg A&C India Pvt.Ltd.
From India, Mumbai
30From India, Mumbai
Dear friends,
Chances of passing this bill is nearly ZERO. This bill is introduced by one of the members of Parliament and not by Government. Such kind of bill i.e. bill introduced not by Government is called 'Private Bill'.
This issue is discussed earlier in which, one of the members Shri. P. C. Agrawal has given the above input.
From India, Mumbai
Chances of passing this bill is nearly ZERO. This bill is introduced by one of the members of Parliament and not by Government. Such kind of bill i.e. bill introduced not by Government is called 'Private Bill'.
This issue is discussed earlier in which, one of the members Shri. P. C. Agrawal has given the above input.
From India, Mumbai
Dear friends: As Korgaonkar has put it, this is a private bill put up by Shri Ram Chandra Kuntia, Vice President INTUC and since there is no official support from Government, the bill is not likely to make any headway. Such quantum jump in gratuity cannot be appreciated, looking to the general recessionary trend in industry these days.Regards:
KK
From India, Bhopal
KK
From India, Bhopal
Dear Friends,
The above comments are very true but if we see the maximum amount of gratuity is limited to Rs 10 Lakhs that means any employer can give maximum of 10 lakhs of rupees that to on his BAS + DA.
One can also see if this bill gets approved the sustainability of employee will stay longer with the company.
From India, Pune
The above comments are very true but if we see the maximum amount of gratuity is limited to Rs 10 Lakhs that means any employer can give maximum of 10 lakhs of rupees that to on his BAS + DA.
One can also see if this bill gets approved the sustainability of employee will stay longer with the company.
From India, Pune
No doubt it is a "Private Bill" but all trade unions and the entire working class must unite & put pressure on all political parties to support right cause.
From India, Hyderabad
From India, Hyderabad
Dear Friend,
Thanks for updating on the proposed amendment in the Payment of Gratuity Act,1972.
One of our member has rightly pointed out that such a bill moved by a member of either house is called a "private bill".Such bills are hardly likely to see the light of the day as these are not having general acceptance either from the members of either houses or from the Party. It is further seen that the proposal for increasing the nos. of days from 15 days to 30 days for the purpose of calculations for quantum of gratuity is too harsh. Neither of the employers' organization will support it, particularly when there has been increase in the maximum limit of gratuity from 3.5 lakhs to Ten lakhs recent past.
BS Kalsi
New Member
From India, Mumbai
Thanks for updating on the proposed amendment in the Payment of Gratuity Act,1972.
One of our member has rightly pointed out that such a bill moved by a member of either house is called a "private bill".Such bills are hardly likely to see the light of the day as these are not having general acceptance either from the members of either houses or from the Party. It is further seen that the proposal for increasing the nos. of days from 15 days to 30 days for the purpose of calculations for quantum of gratuity is too harsh. Neither of the employers' organization will support it, particularly when there has been increase in the maximum limit of gratuity from 3.5 lakhs to Ten lakhs recent past.
BS Kalsi
New Member
From India, Mumbai
Dear Sir, Good Morning It is good to proposed a Amendment for Gratuity in Rajya Sabha. Meenu
From India, New Delhi
From India, New Delhi
Dear All,
Any such move firstly passed by both houses of parliament .i.e. hon'ble members of parliament( Rajya Sabha & Lok Sabha) should present & voting by two third , then the said passed bill be sent to President for his signature .Subsequently, it would be published through official Notification in Gazette.
aks
From India, Pune
Any such move firstly passed by both houses of parliament .i.e. hon'ble members of parliament( Rajya Sabha & Lok Sabha) should present & voting by two third , then the said passed bill be sent to President for his signature .Subsequently, it would be published through official Notification in Gazette.
aks
From India, Pune
It would have been better if the ceiling of Rs10lakhs is taken away and the rate is increased to 20days. Varghese Mathew
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Payment of Gratuity Amendment Bill 2010.pdf