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Monday, July 18, 2016

WHEN GRATUITY LIMIT FOR BANKER ENHANCED TO 20 LAK

7th pay commission has enhanced gratuity limit from Rs.10.00 lac to Rs20.00 lac w.e.f.01.01.2016. Has any public sector bank issued fresh guidelines enhancing gratuity limit for bank staff?
If yes, from which date it is applicable?
Will bank pay arrears of gratuity to staff who retired since 01.01.2016?
If not ,when it (enhanced gratuity Rs20.00 lac) is likely to be put into action?

2 comments:

mahesh agrawal said...

No,the bankers will not get enhanced gratuity from back date.It has happened with bankers in past also when the limit was raised to RS.10 lacs

mahesh agrawal said...

No,the bankers will not get enhanced gratuity from back date.It has happened with bankers in past also when the limit was raised to RS.10 lacs

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