Limit on Gratuity
Balaram
(Querist) 23 September 2008
This query is : Resolved
I heard that the life-time limit / ceiling for Gratuity has
been raised from Rs.3,50,000 to Rs.10,00,000.
is it right ?
H. S. Thukral
(Expert) 23 September 2008
Last amendment was in 1998 when 3.5 lacs were substituted in place of one lac as maximum gratuity. There is no further amendment in my knowledge.
ARVIND JAIN
(Expert) 24 September 2008
IM ALSO NOT AWARE ABOUT ANY SUCH AMENDMENT.