Gratuity, ESIC

SARAVANAN.R (Querist) 29 April 2010 This query is : Resolved
Dear Sir,

Has the limit on Gratuity under the Payment of Gratuity Act, 1972 increased from Rs 3,50,000. Please advice.

I happen to hear from this site that the ESIC ceiling has been increased to 15,000 from 01.05.2010. Kindly clarify.

Thanks

Saravanan

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Raj Kumar Makkad (Expert) 29 April 2010
Both the news are true and accurate.

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