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Thursday, September 22, 2016

Grauity ceiuling enhanced from 10 lak to 20 lak see circular

Gratuity ceiuling enhanced from Rs. 10 Lakhs to Rs. 20 Lakhs from 1st January 2016. Gazette Notification No. 38/37/2016-P&PW(A) Dated 04.08.2016 published. 

The text in Item No. 8 of the Notification is as follows:

Gratuity Ceiling & its Indexation 

The Commission recommends enhancement in the ceiling of gratuity from the existing Rs.10 Lakhs to Rs. 20 Lakhs from 01.01.2016. The  Commission further recommends the ceiling on gratuity may increase by 25% whenever DA rises by 50%. 

Decision of Government: Accepted.

Item 9 is for Rationalisation of Death Gratuity

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