Taxation rules and eligibility for Gratuity; How to calculate your Gratuity New Delhi: Gratuity is a salary component, received by the employee from his or her employer fr the services offered to the organisation. It is governed by the Payment of Gratuity Act 1972. According to Section 10 (10) of the Income Tax Act, an…
Payment of Gratuity to the Central Government Employees who resigned from service after completion of 5 years service
Retirement and Service Gratuity – Calculation, Ceiling, Qualifying Service and Rates What is Gratuity? Gratuity is a bulk amount paid by the employer to his/her employee for his/her service at the time of retirement under the Gratuity Act 1972. 7th Pay Commission Gratuity Death, Retirement and Service Gratuity for CG Employees What is Gratuity in…
7th Pay Commission latest news today: In a major good news for central government employees, the government recently provided a host of new benefits which will help them save massively on their retirement or when they leave a job. The showstopper was gratuity payment to central government employees under 7th Pay Commission. Centre had accepted…
The Allahabad High Court has held that a Government servant is not entitled to full pension/death cum-retirement gratuity on/or during pending disciplinary/judicial proceedings against the government servant. The full bench comprising of Justice Pankaj Mithal, Justice Suneet Kumar and Justice Rohit Ranjan Agarwal observed that the entitlement to full pension /death-cum-retirement gratuity to the government…
Income tax exemption for gratuity – Enhanced Upto Rs. 20 lakhs w.e.f. 29.03.2018 – Gazette Notification
Get interest on gratuity if payment delayed by more than 30 days
Informing about the amendment in the Payment of Gratuity Act, 1972, regarding enhancement of ceiling of gratuity from Rs. 10 lakhs to Rs. 20 lakhs
Gratuity and Maternity Leave – Ministry of Labour and Employment Gratuity Gazette Notification – Amount, Date and Maternity Leave
Revision Gratuity Ceiling to Rs. 20 Lakh from 1st January 2016 – UFBU writes to Finance Minister regarding Gratuity Ceiling
Gratuity Calculator with formula for Central Government Employees after 7th Pay Commission Implementation – Enhancement of Gratuity
Extension of benefits of ‘Retirement Gratuity and Death Gratuity’ to the Central Government employees covered by new Defined Contribution Pension System (National Pension System)