Payment of Gratuity Amendment Bill 2017

Payment of Gratuity Amendment Bill 2017

The Union Cabinet chaired by the  Prime Minister Shri Narendra Modi has given its approval for introduction of the Payment of Gratuity (Amendment) Bill, 2017 in the Parliament.The Amendment will increase the maximum  limit of gratuity of employees, in the private sector and in Public Sector Undertakings/ Autonomous Organizations under Government who are not covered under CCS (Pension) Rules, at par with Central Government employees.

Source:Smbsa-oc