Fri, Mar 08, 2024
7th Pay Commission: The central government on Thursday evening announced an increment of four per cent in dearness allowance (DA) and dearness relief (DR), which has now increased from 46 per cent to 50 per cent Alongside that, Centre also announced an increase in the tax exemption limit of gratuity. The central government employees don't have to pay any tax up to Rs 25 lakh gratuity. The earlier limit for the same was Rs 20 lakh.
More >
Sat, Sep 02, 2023
Employees are eligible to receive their gratuity only after completing five years in an organisation or a company. An employee is also eligible for gratuity in case of his death, under certain circumstances.
Mon, Jul 04, 2022
New wage code 2022: New labour codes can be implemented across the country may be this year. It can impact your salary, working hours and weekly offs. The Centre has finalised the four codes related to wages, social security, industrial relations and occupational safety. Now it is up to the states to implement them.
Thu, Feb 06, 2020
Gratuity eligibility and calculation: What happens to your gratuity eligibility and payment if you have to leave a company just short of completing five years due to a better offer or unforeseen happenings. Wondering if all your money could vanish just because you are short by just a few months? Know surprise answer!
Fri, Jan 17, 2020
Gratuity calculation formula: If you have completed at least five years of service in any company and are planning to change the organization or are about to retire from your job, here is what you need to know about gratuity calculation!
Wed, Jan 15, 2020
Gratuity is the money which is paid by an employer to his employee in return for services. It is governed by the Payment of Gratuity Act 1972. The Gratuity Act caps the amount of gratuity at Rs 10 lakh. You need to complete at least five years of service
Fri, Dec 13, 2019
New Gratuity Payment rules set to say that an employee will be eligible for the claim only after he or she has rendered continuous service for not less than five years.
Fri, Aug 23, 2019
As far as gratuity is concerned, it depends on your relationship with the company. If you extended your continuous services for 5 years, you are entitled to get gratuity.
Tue, Aug 20, 2019
This episode of Money Guru solves all your queries related to Gratuity. Watch this video to know the answers related to Gratuity.
Gratuity calculator: Are you employed? Have you completed around 10 to 15 years of job in the same company? Do you know how much of your gratuity is accumulated with the company?
Sat, Aug 10, 2019
You can check with your employer as the HR department of the organisation keeps complete information related to you.
Tue, Aug 06, 2019
What is Gratuity? what are the benefits ..know from this segment of Money Guru.
Wed, Jul 24, 2019
7th Pay Commission calculator: Retirement planning for Central government employees has become smooth as the Centre has recently provided them a host of benefits to help them save massively in the shape of gratuity payment under the 7th Pay Commission.
Mon, Jul 22, 2019
7th Pay Commission latest news today: The Payment of Gratuity Bill for formal sector employees has been modified by doubling tax-free gratuity limit up to Rs 20 lakh from previous Rs 10 lakh.
Mon, May 06, 2019
Gratuity is paid to an employee as a lump sum when s/he retires, resigns, dies or becomes disabled because of an accident or an illness.
Wed, May 01, 2019
There are around 49 lakh central government employees. All of them are entitled to several benefits, including pension and gratuity.
Thu, Apr 25, 2019
Under the Gratuity Act, employees who have worked for at least five full years with the current employer are eligible to avail this benefit. Otherwise, those who pass away or rendered disabled due to accident or illness, they must be paid gratuity.
Mon, Mar 11, 2019
Tax Exemption on Gratuity of 20 lakhs for employees ; here is how you will benefit
Wed, Nov 21, 2018
Government employees and those employed in the organised sector receive gratuity at the time of retirement/death or on termination of services.
Tue, Nov 13, 2018
Gratuity Calculation: Prime Minister Narendra Modi-led Union government is working on a plan to give relief to private sector employees ahead of the Lok Sabha elections next year.
Thu, Apr 05, 2018
Talks are going on with all parties involved in the demand and a decision in this relation will be taken soon. According to the sources, change in the limit of the minimum number of employees in any establishment for the Gratuity is also being considered.
Sun, Jan 14, 2018
At present formal sector workers with five or more years of service are eligible for Rs 10 lakh tax free gratuity after leaving job
Wed, Dec 20, 2017
As per the bill, the gratuity limit of the private sector employees will be raised to Rs 20 lakh in line with that in the government sector. Labour minister Santosh Kumar Gangwar introduced the Payment of Gratuity (Amendment) Bill, 2017 in the House.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.