Gratuity limit News
A release from the office of Chief Minister Eknath Shinde, who is chairman of MSRTC, also said that the limit of additional gratuity to the heirs of employees who died while in service has been increased to Rs 7.05 lakh from Rs 6.15 lakh under the additional gratuity and employee deposit linked insurance scheme.
The Central government has increased the gratuity payment limit from the existing Rs 10 lakh to Rs 20 lakh. The recommendation to raise the gratuity limit was made by of the Seventh Pay Commission panel in its report.
Loading...