Press Information Bureau
Government of India
Ministry of Labour & Employment
04-April-2018 15:12 IST
Government of India
Ministry of Labour & Employment
04-April-2018 15:12 IST
Enhancement of Gratuity Limit
The Government has issued Notification the same day wherein gratuity limit has been increased from Rs.10 lakhs to Rs.20 lakhs under the Payment of Gratuity Act, 1972.
The
Government has also issued another Notification on the same day wherein
it has also increased the maximum period of maternity leave in case of
female employees to be counted as continuous service from 12 weeks to 26
weeks under the Payment of Gratuity Act, 1972.
Representations
from various stakeholders have been received in the Ministry. The
Ministry had also organised tripartite consultations on 23.02.2017 with
all stakeholders including representatives of employers and employees,
who supported the proposal. The provision contained in the amended
Payment of Gratuity Act, 1972 have been implemented w.e.f. from 29.03.2018.
This
information was given by Shri Santosh Kumar Gangwar, Union Minister of
State (I/C) for Labour and Employment in written reply to a question in
Rajya Sabha today.
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JN/IA
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