Dear Employer, In exercise of the powers conferred by sub-section (4) of Section 4A of the Payment of Gratuity Act, 1972 Central Act No. 39 of 1972), the Government of Karnataka has notified- Karnataka Compulsory Gratuity Insurance Rules, 2024 on 10th January 2024. With the notification of Karnataka Compulsory Gratuity Insurance Rules, 2024 on 10th […]
Tag: Gratuity
Payment of Gratuity (Amendment) Bill, 2018 passed by Parliament
NEW DELHI: Parliament on Thursday passed Payment of Gratuity(Amendment) Bill 2017 paving the way for doubling the limit of tax free gratuity to Rs 20 lakh and empowering the government to fix the ceiling of the retirement benefit through an executive order. The Rajya Sabha passed the bill, which was approved by the Lok Sabha last […]