Payment Of Gratuity Act

Cabinet nod likely to double gratuity cap to Rs 20 lakh Besides, the bill seeks to enable the central government to change the ceiling for tax free gratuity after factoring in rise in income levels by an executive order bypassing Parliament route to amend the law. The Union Cabinet is likely to consider tomorrow a draft amendment bill which seeks to double the ceiling of … [Read more...] about Central government to change the ceiling for tax free gratuity