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...]
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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...]
Benefit of Gratuity to CG Employees Covered under National Pension System (NPS)
Benefit of Retirement Gratuity on Mobility from One Organization to Another Organization - Clarification Counting of service on joining new service in State Government / Central Government / autonomous body for the benefit of gratuity in respect of … [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...]
7th Pay Commission Committee recommendations on Gratuity
7th Pay Commission Committee recommendations on Gratuity Ceiling for Central Government Employees All Central Government employees should know about the eligibility criteria of Gratuity. There are commonly four types of Gratuity in Central Government … [Read more...]
Stoppage of Retirement and Death Gratuity to the NPS Subscribers
Stoppage of Retirement and Death Gratuity to the NPS Subscribers Extension of benefits of Retirement Gratuity and Death Gratuity to the employees of Autonomous Body/Organisation covered under National Pension System (NPS) - KVS Orders KENDRIYA … [Read more...]
IT Exemption for Gratuity upto 20 Lakhs – Gazette Notification
IT Exemption for Gratuity upto 20 Lakh - Gazette Notification Gazzette Notification: Exemption u/s 10 of Income Tax - Rs. 20 Lakh for Gratuity w.e.f. 29.03.2018 MINISTRY OF FINANCE(Department of Revenue(CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New … [Read more...]
IT Exemption on Gratuity – 20 lakhs w.e.f. 29.3.2018
IT Exemption on Gratuity - 20 lakhs w.e.f. 29.3.2018 Income tax exemption for gratuity increased from Rs.10 lakhs to 20 lakhs w.e.f. 29.3.2018 Income tax exemption for gratuity enhanced Up to Rs. 20 lakhs Ministry of Finance has enhanced the income … [Read more...]
Brief on Payment of Gratuity (Amendment) Act, 2018
Brief on Payment of Gratuity (Amendment) Act, 2018 "Â Representatives are requesting to this Ministry that the effective date of Payment of Gratuity (Amendment) Act, 2018 will 01.01.2016 instead of 29.03.2018 at par with the Central Government … [Read more...]
