Welcome to SPN

Register and Join the most happening forum of Sikh community & intellectuals from around the world.

Sign Up Now!

Legal Bill to raise gratuity ceiling from current Rs 3.50 lac to Rs. 10.00 lac

Discussion in 'Breaking News' started by rajneesh madhok, Apr 25, 2010.

  1. rajneesh madhok

    rajneesh madhok India
    Expand Collapse
    SPNer Contributor

    Joined:
    Jan 1, 2010
    Messages:
    516
    Likes Received:
    488
    Bill to raise gratuity ceiling from current Rs 3.50 lac to Rs. 10.00 lac

    Bill to raise gratuity ceiling to Rs 10 lakh: Rediff.com Business

    A bill to raise the ceiling of gratuity for employees to Rs one million (Rs 10 lakh) from the current level of Rs 3,50,000 was introduced in the Lok Sabha on Thursday.
    The Payment of Gratuity (Amendment) Bill 2010, introduced by Minister of State for Labour Harish Rawat,
    seeks to amend the Gratuity Act to enhance the amount of gratuity payable to an employee from Rs 3,50,000 to Rs one million (Rs 10 lakh).
    The legislation was brought following demands from trade unions and others to remove the ceiling or increase the maximum payable amount which was fixed in 1997. Based on these representations, the bill proposes to enhance the ceiling of gratuity.



    Rajneesh Madhok
     
  2. Loading...


Share This Page