Bill seeks to dou­ble gra­tu­ity to Rs 20 lakh

India Business Journal - - NEWS ROUND-UP -

The Union Cab­i­net has ap­proved an amend­ment Bill that seeks to dou­ble the gra­tu­ity ceil­ing to Rs 20 lakh for em­ploy­ees in the pri­vate and pub­lic sec­tors as well as au­ton­o­mous or­gan­i­sa­tions, brin­ing it on a par with gra­tu­ity of Cen­tral gov­ern­ment em­ploy­ees. The Cab­i­net also gave its ap­proval for in­tro­duc­tion of the Pay­ment of Gra­tu­ity (Amend­ment) Bill, 2017 in

Par­lia­ment that seeks to amend the Pay­ment of Gra­tu­ity Act, 1972, which ap­plies to es­tab­lish­ments em­ploy­ing 10 or more per­sons.

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