Monday, November 29, 1999

The Payment of Gratuity Bill, 2010

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This Bill amends the Payment of Gratuity Act 1972. The existing Act provides for the payment of gratuity to employees engaged in industries including mines, oilfields, plantations, shops, factories, amongst others. This Amendment raises the ceiling of gratuity to be paid from the present level of Rs. 3.5 lakh to Rs. 10 lakh.Courtesy: PRS Legislative Research

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