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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.
Regards

http://sckonline.blogspot.com/2010/05/careful-while-making-correction-on.html

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