Go to Top

Gratuity can now be as high as INR 10 Laks

In a recent amendment , reported in the Gazette of India on 18th may 2010. The limit of Gratuity as prescribed u/s 4 of the Payment of Gratuity Act,1972 has been increased from Rs. 3.50 Lakhs to Rs. 10.00 Lakhs
So those banking on your gratuity for a major financial expenses can re plan, redesign and rethink their financial planning.


Leave a Reply