Tax-free gratuity ceiling raised to Rs 20 lakh for private sector employeesThe notification follows changes in the Payment of Gratuity Act which had empowered the government to fix the ceiling of the retirement ben...
29 Mar, 2018, 10.07 PM IST
Parliament passes Gratuity BillMinister of State (Independent Charge), Labour and Employment Santosh Gangwar moved the Bill for passage in the Rajya Sabha soon after the ...
23 Mar, 2018, 09.41 AM IST
Parliament passes bill that lets govt double tax-free gratuity to Rs 20 lakhThe ceiling of tax-free gratuity stands enhanced to Rs 20 lakh from existing Rs 10 lakh for employee under the Payment of Gratuity Act.
22 Mar, 2018, 03.52 PM IST
Lok Sabha passes bill to enable govt to double tax-free gratuity to Rs 20 lakhThe amendment will allow govt to enhance the ceiling of tax-free gratuity to Rs 20 lakh from existing Rs 10 lakh for employee under the Pay...
15 Mar, 2018, 06.16 PM IST
Tax free Rs 20 lakh gratuity for employees may be a reality soonThe Gratuity Amendment Bill is likely to be passed in the forthcoming Budget session, which will make formal sector workers eligible for ta...
14 Jan, 2018, 06.28 PM IST
How to calculate taxable portion of gratuityCurrently, maximum tax-exempt gratuity is Rs 10 lakh. The government has tabled the Payment of Gratuity (Amendment) Bill, 2017 to raise the...
20 Dec, 2017, 10.25 AM IST
Bill to increase maternity leave period & gratuity limit tabled in Lok SabhaThe gratuity limit for private sector is expected to be raised to Rs 20 lakh in line with that in the government sector.
19 Dec, 2017, 10.46 AM IST
Bill floated in Lok Sabha to amend Payment of Gratuity ActGovt to notify the period of maternity leave and gratuity that can be availed by employees under a central law
18 Dec, 2017, 03.44 PM IST
Who really gains from the proposed increase in tax-free gratuity limit to Rs 20 lakh?Proposed increase in tax free gratuity limit won't benefit bulk of employees immediately. Here's why.
25 Oct, 2017, 04.33 PM IST
Cabinet clears Bill to raise tax-exempt gratuity limit to Rs 20 lakh: Here's how you will be impactedAn employee is eligible to receive gratuity only if he has completed at least five years of continuous service with an organisation without...
13 Sep, 2017, 08.14 PM IST
Centre clears bill to double tax-free gratuity to Rs 20 lakhConsidering inflation and wage increase in the case of private sector employees, the government is of the view that the gratuity entitlemen...
12 Sep, 2017, 08.00 PM IST
Bill to double tax-free gratuity to Rs 20L in monsoon sessionBesides, the bill to amend the Payment of Gratuity Act also seeks to enable the central government to change the ceiling for tax-free gratu...
09 Jul, 2017, 11.43 AM IST
Cabinet nod likely to double gratuity cap to Rs 20 lakh"The bill to amend the Payment of Gratuity Act is likely to be considered and approved by the Union Cabinet in its meeting," a source said.
15 Mar, 2017, 10.59 AM IST
- Gratuity limit hike to Rs 10 lakh gets Parliamentary nod
Parliament on Wednesday approved enhancing the gratuity limit for employees from Rs 3.5 lakh to Rs 10 lakh as also the exemption threshold ...
05 May, 2010, 07.43 PM IST
- Bill to raise gratuity ceiling to Rs 10 lakh
A bill to raise the ceiling of gratuity for employees to Rs 10 lakh from the current level of Rs 3.5 lakh was introduced in the Lok Sabha t...
22 Apr, 2010, 03.03 PM IST
- LS took just 13 minutes to pass 3 bills
Amid opposition uproar over price rise, Lok Sabha passed three bills within just 15 minutes by voice vote.
17 Dec, 2009, 02.35 AM IST
- Teachers to get Gratuity benefits
College and school teachers will soon be eligible for gratuity benefits after Parliament amends the Payment of Gratuity Act.
26 Jul, 2007, 10.30 PM IST