Gratuity Ceiling limit Increased to 20 lakh from Jan 2016 The 7th Pay Commission recommends increasing the ceiling of gratuity from ₹10 lakh to ₹20 lakh, effective from 01.01.2016. The Department of Pension and Pensioners Welfare suggests indexing … [Read more...]
Benefit of Gratuity to CG Employees Covered under National Pension System (NPS)
Gratuity Benefits for CG Employees Covered by NPS The clarification statement aims to shed light on the benefit of retirement gratuity when it comes to mobility from one organization to another. Retirement gratuity is a significant financial … [Read more...]
Gazette Notification on Gratuity: Amount, Effective Date and Maternity Leave
Gazette Notification on Gratuity: Amount, Effective Date and Maternity Leave "Gratuity Ceiling Amendment Notifications issued by Government of India regarding Upper limit of Gratuity Payment, Date on which come into force and Maximum Period of … [Read more...]
Amount of Pension which was originally commuted shall only be deducted from the Revised Pension – DoPPW
The portion/amount of pension which was originally commuted shall only be deducted from the revised pension. No. 42/15/2022-P&PW(D)/4 Government of India Ministry of Personnel, P.G. & Pensions Department of Pension & Pensioners’ … [Read more...]
Commuted Amount of Pension is Not Required to be Deducted from Family Pension – DoPPW
Clarification regarding whether deductions towards commutation are required to be made from family pension for the remaining period in cases where the pensioner dies before the restoration of commuted pension No. 42/15/2022-P&PW(D)/5 Government … [Read more...]
CG employees retired during the period from Jan 2020 to June 2021: Calculation of Gratuity and Leave Encashment
Calculation of Gratuity and Encashment Leave Central Government employees retired during the period from January 2020 to June 2021 – Calculation of Gratuity and Cash payment in lieu of Leave - Finance Ministry OM dated 07.09.2021 PDF … [Read more...]
Loss of Gratuity and Leave Salary Due to Freezing of Dearness Allowance
The Secretary of Joint Consultation of Machinery (JCM) writes to DoPT (Department of Personnel and Training) regarding the loss of Gratuity and Leave Salary Due to Freezing of Dearness Allowance in case of person retired/to be retired after … [Read more...]
Release Gratuity to retired employees of BSNL without any delay
Instructions regarding timely release/ payment of Gratuity (DCRG) for avoiding payment of interest on delayed payment of Gratuity BHARAT SANCHAR NIGAM LIMITED Corporate Office Pension Section, 5th floor Bharat Sanchar Bhawan H.C. Mathur Lane, New … [Read more...]
Gratuity – Calculation, Ceiling, Qualifying Service and Rates
Retirement and Service Gratuity - Calculation, Ceiling, Qualifying Service and Rates What is Gratuity? Gratuity is a bulk amount paid by the employer to his/her employee for his/her service at the time of retirement under the Gratuity Act 1972. 7th … [Read more...]
Revision of Gratuity and Severance Amount to GDS
Revision of Gratuity and Severance Amount to GDS Revision of GDS Gratuity and Severance Amount effective date changed to 1.7.2018 No.17-31/2016-GDS Government of India Ministry of Communications Department of Posts (GDS Section) Dak Bhawan, Sansad … [Read more...]