Dear members, I want to know what is the current Gratuity limit or ceiling.Is Gratuity limit has been raised from 3.5 lakh to 10 lakh?
From India, Bhubaneswar
Acknowledge(0)
Amend(0)
From India, Bhubaneswar
Acknowledge(0)Amend(0)
Hi Gratuity limit has been raised from 3.5 lakh to 10 lakh.....
From India, New Delhi
Acknowledge(0)Amend(0)
115From India, New Delhi
Acknowledge(0)Amend(0)
Dear Bandana.Bbsr,
The Labour Ministry, in its pre-Budget consultation with the Finance Ministry, had proposed to raise the Income Tax exemption limit for gratuity funds up to Rs 10 lakh for both government and private employees. The Sixth Pay Commission, in its report, had recommended hiking the ceiling of Rs 3.5 lakh on gratuity funds to Rs 10 lakh for government employees.
Thank you.
From India, Ranchi
Acknowledge(0)Amend(0)
The Labour Ministry, in its pre-Budget consultation with the Finance Ministry, had proposed to raise the Income Tax exemption limit for gratuity funds up to Rs 10 lakh for both government and private employees. The Sixth Pay Commission, in its report, had recommended hiking the ceiling of Rs 3.5 lakh on gratuity funds to Rs 10 lakh for government employees.
Thank you.
From India, Ranchi
Acknowledge(0)Amend(0)
dear all. i have heard that the gratuity is now to be paid for 30 days instead of 15 days which was previously paid it seems this was amended in the year 2012 kindly let me know.
From India, Bangalore
Acknowledge(0)Amend(0)
From India, Bangalore
Acknowledge(0)Amend(0)
Gratuity amendment to Rs 10 lac and 30 days payment - both are proposed Bills. Not yet passed or notified by the govt.
From India, Virar
Acknowledge(0)Amend(0)
From India, Virar
Acknowledge(0)Amend(0)
The maximum amount of gratuity has been raised from Rs 3.5 lakh to Rs 10 lakh w.e.f 24-05-2010.
From India, Salem
Acknowledge(0)Amend(0)
From India, Salem
Acknowledge(0)Amend(0)
I will appreciate if the members of the forum, before responding to anything, confirm the fact with evidence. Kuldeep ji has posted the evidence of the Gratuity 10 lac amendment, but still some members say with confidence that it is still a bill. Both the questions, the gratuity 10 lac amendment, and the gratuity 30 days bill, are answered earlier in many threads. No doubt should be there in the minds of anybody. My intention is not to hurt anyone. We have so many experts, but they do not participate in any discussions since they feel their views are disregarded. This is the feedback to me by a few members. My humble request to members is not to take it the other way round.
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
Mr. Korgaonker,
I am not able to get to you. Do you mean to say that the ceiling of gratuity has been raised to Rs10 lakh is not correct, or the number of days to be taken into account raised from 15 to 30 days is correct? Please clarify.
From India, Salem
Acknowledge(0)Amend(0)
I am not able to get to you. Do you mean to say that the ceiling of gratuity has been raised to Rs10 lakh is not correct, or the number of days to be taken into account raised from 15 to 30 days is correct? Please clarify.
From India, Salem
Acknowledge(0)Amend(0)
Dear Umakanthan ji,
I appreciated the reply of Kuldeep ji. I also appreciated the reply by you. I fully endorse you both. My concern is when Kuldeep ji gave the notification of the amendment, there remains no question that it is still a proposal. Someone mentioned it after the post by Kuldeep ji, which prompted me to respond. Gratuity for 30 days is a private bill. Both issues have been discussed in this forum many times before. I hope I have made it clear now.
With due respect to you, Sir.
From India, Mumbai
Acknowledge(0)Amend(0)
I appreciated the reply of Kuldeep ji. I also appreciated the reply by you. I fully endorse you both. My concern is when Kuldeep ji gave the notification of the amendment, there remains no question that it is still a proposal. Someone mentioned it after the post by Kuldeep ji, which prompted me to respond. Gratuity for 30 days is a private bill. Both issues have been discussed in this forum many times before. I hope I have made it clear now.
With due respect to you, Sir.
From India, Mumbai
Acknowledge(0)Amend(0)
Dear Umakanthan ji,
Greetings of the day to you as well as all the viewers. Please find attached a PDF of a private bill introduced in the Rajya Sabha on 23.11.2012 by one of the members of Parliament, for your information and ready reference. Chances of passing this bill are nearly ZERO.
I appreciate your postings and expect that you will have more and more discussions in this forum which will be valuable, fruitful, and a guiding light to a person like me.
Dear ccbenzzz,
You are correct in stating that 30 days payment is a proposed bill. This bill is a private bill introduced by one of the members of Parliament and not by the Government. Such kind of bill, i.e., a bill introduced not by the Government, is called a 'Private Bill'.
Regarding the Gratuity amendment to Rs. 10 lac, the bill has been passed, and now there is a law. Please find attached a Gazette Notification to this effect, for your information and ready reference.
From India, Mumbai
Acknowledge(0)Amend(0)
Greetings of the day to you as well as all the viewers. Please find attached a PDF of a private bill introduced in the Rajya Sabha on 23.11.2012 by one of the members of Parliament, for your information and ready reference. Chances of passing this bill are nearly ZERO.
I appreciate your postings and expect that you will have more and more discussions in this forum which will be valuable, fruitful, and a guiding light to a person like me.
Dear ccbenzzz,
You are correct in stating that 30 days payment is a proposed bill. This bill is a private bill introduced by one of the members of Parliament and not by the Government. Such kind of bill, i.e., a bill introduced not by the Government, is called a 'Private Bill'.
Regarding the Gratuity amendment to Rs. 10 lac, the bill has been passed, and now there is a law. Please find attached a Gazette Notification to this effect, for your information and ready reference.
From India, Mumbai
Acknowledge(0)Amend(0)Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.