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
P.ESAKKIMUTHU (LABOUR CONSULTANT) 14 September 2009
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
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.