Dear Friends, The maximum limit of gratuity is Rs.3.5 lakhs. Is there any Gazett Notification.? If so any one please supply. URGENT PLEASE Regards, PBS KUMAR
From India, Kakinada
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592From India, Kakinada
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Dear PBS,
The law, which is made for gratuity and the provision made in this for the limit of gratuity (Rs. 3.5 L maximum), is itself a gazette notification. It was decided by the government authority while making this law, which contains the board of members from the Labour ministry.
I hope it is clear.
Thanks, Amit
From India, Mumbai
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The law, which is made for gratuity and the provision made in this for the limit of gratuity (Rs. 3.5 L maximum), is itself a gazette notification. It was decided by the government authority while making this law, which contains the board of members from the Labour ministry.
I hope it is clear.
Thanks, Amit
From India, Mumbai
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Dear Mr. Amit Ji,
Every amendment of the act is accompanied by a notification, just like the recent Bonus Ceiling Amendment notification. An act should not be amended without a gazetted notification.
Regards,
PBS KUMAR
From India, Kakinada
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Every amendment of the act is accompanied by a notification, just like the recent Bonus Ceiling Amendment notification. An act should not be amended without a gazetted notification.
Regards,
PBS KUMAR
From India, Kakinada
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Hi,
As per my knowledge, the maximum limit is 3.5 lakhs, but a company can request an increase according to its requirements, subject to approval by law. However, any amount above 3.5 lakhs is taxable.
If I am wrong, please correct me.
From India, Chandigarh
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As per my knowledge, the maximum limit is 3.5 lakhs, but a company can request an increase according to its requirements, subject to approval by law. However, any amount above 3.5 lakhs is taxable.
If I am wrong, please correct me.
From India, Chandigarh
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Amendment Gazette Notification.pd f