amemdment of payment of gratuity act , 1972
bhanu pratap720
(Querist) 19 May 2010
This query is : Resolved
has the section 4 (3) of the payment of gratuity act ,1972 been amended so as to give the benefit of increased ceiling of death cum retirement benefits (i.e. rs 10 lakhs) to the employees of CDA (CENTRAL DEARNESS ALLOWANCE). I was informed that the act was amended on 3 may 2010. if this is hte case then has it received the assent of the President under Article 111 and has it been notified in the official gazette ?
K.S.Srinivas
(Expert) 27 July 2011
The amount of gratuity should not exceed Rs.10,00,000/-
The current maximum limit is applicable from 24.5.2010.