Government proposes to hike Gratuity limit to 20 Lakhs

If decisions are made final, private sector employees could receive gratuity up to ₹20 lakhs, doubling up the existing limit of ₹10 lakhs after leaving an establishment with minimum 5 years of continuous service. The move is intended to bring parity between private and public sector employees since as part of the Seventh Pay Commission recommendations […]

Read More