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 gratuity with the amount of DA admissible at the time of retirement. The Commission agrees and also … Read more
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 incentive that provides employees with a sense of security and stability during their post-retirement life. When an individual … Read more
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 Maternity Leave… MINISTRY OF LABOUR AND EMPLOYMENT NOTIFICATION New Delhi, the 29th March, 2018 S.O. 1419(E).—In exercise of the powers conferred … Read more
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’ Welfare 3rd Floor, Lok Nayak Bhawan, Khan Market, New Delhi-1 10003 Date:- 25th Oct, 2022 OFFICE MEMORANDUM Sub:- Deduction of commuted pension from … Read more
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 of India Ministry of Personnel, P.G. & Pensions Department of Pension & Pensioners’ Welfare 3rd Floor, Lok Nayak Bhawan, Khan Market, New … Read more
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 Download No.1(5)/E.V/2020 Government of India . Ministry of Finance (Department of Expenditure) North Block, New Delhi Date the … Read more
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 1.1.2020. National Council (Staff Side) Joint Consultative Machinery for Central Government Employees 13-C, Ferozshah Road, New Delhi-110001 … Read more
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 Delhi- 110001 No.38- 17/2019-Pen(B) Dated : 09 -07-2020 To All Heads of Circles/ Telecom Districts/ Regions/ Projects/ Telecom Stores/ Telecom … Read more
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 Pay Commission Gratuity Death, Retirement, and Service Gratuity for CG Employees What is Gratuity in … Read more
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 Marg, New Delhi – 110001 Dated: 01.07 .2019 Office Memorandum Subject : Implementation of recommendations of GDS Committee on Social … Read more