Ministry of Labour and Employment has published notification for effective date of Payment of Gratuity (Amendment) Act 2010.
This Amendment shall come into force with effect from 24th May 2010.
The Payment of Gratuity (Amendment) Act 2010: This Amendment Bill raises the ceiling of gratuity to be paid to an employee from the present level of Rs.3.5lakh to Rs.10lakh.
Subscribe to:
Post Comments (Atom)
Hey Asha,
ReplyDeleteCan you please tell me if an employee has completed 4.10 years in an organization is eligible for Gratuity amount?
Regards,
Mayur,