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Added on : 2018-03-22 18:12:53

Parliament today passed the Payment of Gratuity (Amendment) Bill, which sought to double the ceiling of tax-free gratuity to Rs 20 lakh and also empower the government to fix tax-free gratuity amount as well as period of maternity leave with an executive order. The Bill was passed by the Rajya Sabha today, while Lok Sabha had already passed it last week. It may be noted that after the implementation of the Seventh Pay Commission report, the ceiling of tax-free gratuity amount for Central government staff was doubled to Rs 20 lakh. Following that, the government was making all efforts to do this for the private sector employees also.

Parliament today passed the Payment of Gratuity (Amendment) Bill, which sought to double the ceiling of tax-free gratuity to Rs 20 lakh and also empower the government to fix tax-free gratuity amount as well as period of maternity leave with an executive order. The Bill was passed by the Rajya Sabha today, while Lok Sabha had already passed it last week. It may be noted that after the implementation of the Seventh Pay Commission report, the ceiling of tax-free gratuity amount for Central government staff was doubled to Rs 20 lakh. Following that, the government was making all efforts to do this for the private sector employees also.

Editor & Publisher : Dr Dhimant Purohit

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