Dear Friends, The maximum limit of gratuity is Rs.3.5 lakhs. Is there any Gazett Notification.? If so any one please supply. URGENT PLEASE Regards, PBS KUMAR
From India, Kakinada
590From India, Kakinada
Dear PBS,
The law which is made for gratuity and the provision made in this for the limit of gratuity (Rs. 3.5 l maximum) it self is a gazette notification. As it was decided by the govt. authority while making this law which contains the board of members from the Labour ministry.
I hope it is clear.
Thanks,
Amit
From India, Mumbai
The law which is made for gratuity and the provision made in this for the limit of gratuity (Rs. 3.5 l maximum) it self is a gazette notification. As it was decided by the govt. authority while making this law which contains the board of members from the Labour ministry.
I hope it is clear.
Thanks,
Amit
From India, Mumbai
Dear Mr. Amit ji,
Every ammendment of the act, there is a notification. Just like Bonus cealing ammendment notification recently. Without gazett notication 'NO' act should be ammended.
Regards,
PBS KUMAR
From India, Kakinada
Every ammendment of the act, there is a notification. Just like Bonus cealing ammendment notification recently. Without gazett notication 'NO' act should be ammended.
Regards,
PBS KUMAR
From India, Kakinada
hi,
As per my knowledge of course the max. limit is 3.5 lakhs but a company can get it increased acc. to its requirements and dat is approved by law, bt the amt. above 3.5 lakhs is taxable.
If I m wrong plz correct me.
From India, Chandigarh
As per my knowledge of course the max. limit is 3.5 lakhs but a company can get it increased acc. to its requirements and dat is approved by law, bt the amt. above 3.5 lakhs is taxable.
If I m wrong plz correct me.
From India, Chandigarh
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