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Showing posts with label gratuity for private employees. Show all posts
Showing posts with label gratuity for private employees. Show all posts
The Union Cabinet decided to raise the ceiling of gratuity payable to employees in the private sector from Rs. 3.5 lakh to Rs. 10 lakh.
The decision will bring the private sector employees at par with the government employees in terms of gratuity benefits. The decision follows the Sixth Pay Commission recommendation that has raised the limit for Central Government employees.
Labour and Employment Minister Mallikarjun Kharge held a number of consultations with stakeholders to arrive at a consensus on the issue.
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