7th Pay Commission latest news: Gratuity bill passed, tax free ceiling amount raised to Rs 20 lakh
7th Pay Commission latest news: The Rajya Sabha, which has failed to transact any significant business over the last fortnight due to protests by various parties, today passed the Payment of Gratuity (Amendment) Bill without discussion. The bill moved by Labour Minister Santosh Kumar Gangwar was passed by a voice vote.
7th Pay Commission latest news: The legislation will enable the government to enhance the ceiling of tax free gratuity to Rs 20 lakh from the existing Rs 10 lakh for employees falling under the Payment of Gratuity Act. Image source: