Sun, Dec 15, 2024
Let’s find out what will be your gratuity amount with Rs 38,000 as the last-drawn salary in the service period of 6 years, and 3 months. Understand the calculation to estimate your retirement benefit accurately.
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Tue, Nov 26, 2024
Discover what will be your gratuity amount with Rs 37,000 as the last-drawn salary in the service period of 6 years, and 3 months. Understand the calculation to estimate your retirement benefit accurately.
Thu, May 02, 2024
Gratuity Calculation: An important thing about gratuity calculation is that if an employee works for more than 6 months, it will be calculated as one year.
Thu, Apr 05, 2018
Talks are going on with all parties involved in the demand and a decision in this relation will be taken soon. According to the sources, change in the limit of the minimum number of employees in any establishment for the Gratuity is also being considered.
Sun, Jan 14, 2018
At present formal sector workers with five or more years of service are eligible for Rs 10 lakh tax free gratuity after leaving job
Wed, Dec 20, 2017
As per the bill, the gratuity limit of the private sector employees will be raised to Rs 20 lakh in line with that in the government sector. Labour minister Santosh Kumar Gangwar introduced the Payment of Gratuity (Amendment) Bill, 2017 in the House.
Wed, Sep 13, 2017
Payment of Gratuity (Amendment) Bill, 2017 Amendment Bill seeks to double tax -free gratuity for private sector employees to Rs 20 lakh as against the current limit of Rs 10 lakh.
Tue, Feb 28, 2017
Presently, under the Payment of Gratuity Act, an employee is eligible for gratuity amount only after the completion of minimum five years of service.
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