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P.ESAKKIMUTHU (LABOUR CONSULTANT)     14 September 2009

PAYMENT OF GRATUITY ACT

 t is informed that the gratuity ceiling of Rs.3.5 lac in enhanced to rs.10 lac w.e.f January 2009.Anybody having Notification of GOI?cOPY MAY BE SENT



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 4 Replies

V. VASUDEVAN (LEGAL COUNSEL)     15 September 2009

 The proposal for enhancement of the ceiling for Gratuity is yet to be cleared.

Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 )     17 September 2009

Mr. Muthu,

 

SANKARAN.G. (supdt.)     27 September 2009

 It is not known whether the order has come out or not, but the gratiuity payment  on the enhanced limit is being issued by the  Public Sector Companies.

SANKARAN.G. (supdt.)     27 September 2009

Further, as per Income Tax Act,  upto 3.5 lakhs is exempted and the balance, if any, will be taxed accordingly.


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