Enhancement of Gartuity Limit‏

Shyam Sunder Agrawal (Querist) 14 April 2010 This query is : Resolved
Hi,

I wish to know that maximum limit of payment of Gratuity has enhanced upto Rs. 10 Lacs in banks,if yes from which date .

Regards,
S S Agrawal

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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.

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