Gratuity limit

Additional gratuity limit on death of THESE employees increased to Rs 7.05L from Rs 6.15L–Check details

A release from the office of Chief Minister Eknath Shinde, who is chairman of MSRTC, also said that the limit of additional gratuity to the heirs of employees who died while in service has been increased to Rs 7.05 lakh from Rs 6.15 lakh under the additional gratuity and employee deposit linked insurance scheme.

Nov 21, 2022, 12:18 PM IST

Gratuity ceiling for private sector employees raised to Rs 20 lakh from Rs 10 lakh

The Central government has increased the gratuity payment limit from the existing Rs 10 lakh to Rs 20 lakh. The recommendation to raise the gratuity limit was made by of the Seventh Pay Commission panel in its report.

Feb 27, 2017, 19:20 PM IST