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News
Gratuity limit
Gratuity limit News
Gratuity
21 Nov 2022
Additional gratuity limit on death of THESE employees increased to Rs 7.05L
A release from the office of Chief Minister Eknath Shinde, who is chairman of MSRTC, also said that the limit of additional gratuity to the heirs of employees who died while in service has been increased to Rs 7.05 lakh from Rs 6.15 lakh under the additional gratuity and employee deposit linked insurance scheme.
7th Pay Commission
27 Feb 2017
Gratuity ceiling for private sector employees raised to Rs 20 lakh from Rs 10 lakh
The Central government has increased the gratuity payment limit from the existing Rs 10 lakh to Rs 20 lakh. The recommendation to raise the gratuity limit was made by of the Seventh Pay Commission panel in its report.
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