Expected DA Calculator from January 2021 (Updated Oct 2020)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...]
Brief on Payment of Gratuity (Amendment) Act, 2018
Brief on Payment of Gratuity (Amendment) Act, 2018 " 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...]
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...]
Gratuity ceiling raised to 20 Lakhs w.e.f. 29.3.2018
Gratuity ceiling raised to 20 Lakhs w.e.f. 29.3.2018 Payment of Gratuity (Amendment) Act, 2018 brought in force on 29th March, 2018 Decision:The Payment of Gratuity (Amendment) Bill, 2018 has been passed by Lok Sabha on 15th March, 2018 and by the … [Read more...]
Upper Ceiling on Gratuity 20 Lakhs
Upper Ceiling on Gratuity 20 Lakhs - Gratuity Bill Passed by Parliament Ministry of Labour & Employment Payment of Gratuity (Amendment) Bill, 2018 passed by Parliament The Payment of Gratuity (Amendment) Bill, 2018 has been passed by … [Read more...]
7th CPC increased Gratuity Ceiling limit – 20 lakh from 1.1.2016
7th CPC increased Gratuity Ceiling limit - 20 lakh from 1.1.2016 Enhancement in the Gratuity Ceiling and its Indexation The Commission recommends enhancement in the ceiling of gratuity from the existing ₹10 lakh to ₹20 lakh from 01.01.2016. A number … [Read more...]