Gratuity Bill Passed

Employees can draw gratuity of up to Rs 20 lakh tax-free, the government said today after a proposed law empowering it to fix the amount was passed in parliament with cross-party support. The move, which doubles the tax-free cap from the existing Rs 10 lakh, will benefit millions of employees in the public and private sector companies. The Payment ...

The Gratuity Bill, that empowers the government to fix the amount of tax free gratuity with an executive order, has been passed by Parliament on Thursday. The bill allows raising the upper limit of payment of tax-free gratuity from Rs 10 lakh to Rs 20 lakh

The passage of Payment of Gratuity (Amendment) Bill in Parliament will allow government to fix period of maternity leave.

Parliament today passed a key bill that will empower the government to fix the amount of tax free gratuity and the period of maternity leave with an executive order.

A bill to raise the ceiling of gratuity for employees to Rs 10 lakh from Rs 3.5 lakh was passed by the Lok Sabha without discussion on Monday. The House, which witnessed an opposition furore over the 2G spectrum "scam" and reports about alleged involvement of a central minister in an illegal arms deal, also adopted the Employees' State Insur...

Employees can draw gratuity of up to Rs 20 lakh tax-free, the government said today after a proposed law empowering it to fix the amount was passed in parliament with cross-party support. The move, which doubles the tax-free cap from the existing Rs 10 lakh, will benefit millions of employees in the public and private sector companies. The Payment ...

The Gratuity Bill, that empowers the government to fix the amount of tax free gratuity with an executive order, has been passed by Parliament on Thursday. The bill allows raising the upper limit of payment of tax-free gratuity from Rs 10 lakh to Rs 20 lakh

The passage of Payment of Gratuity (Amendment) Bill in Parliament will allow government to fix period of maternity leave.

Parliament today passed a key bill that will empower the government to fix the amount of tax free gratuity and the period of maternity leave with an executive order.

A bill to raise the ceiling of gratuity for employees to Rs 10 lakh from Rs 3.5 lakh was passed by the Lok Sabha without discussion on Monday. The House, which witnessed an opposition furore over the 2G spectrum "scam" and reports about alleged involvement of a central minister in an illegal arms deal, also adopted the Employees' State Insur...