Cabinet nod likely to double gratuity cap to Rs 20 lakh
The proposed amendment is being brought to bring the maximum ceiling amount to Rs 20 lakh in line with the 7th Central Pay Commission's recommendations as accepted by the government.
Mar 15, 2017, 09:01 AM ISTGratuity ceiling for private sector employees to be raised to Rs 20 lakh
Formal sector workers may soon be eligible for up to Rs 20 lakh tax-free gratuity as central trade unions have agreed on the proposal in a tripartite consultation with the Labour Ministry.
Feb 23, 2017, 20:50 PM IST