Friday 30 March 2018

Gratuity Amendment Act 2018 to increase Gratuity Ceiling is Notified

Gratuity Amendment Act 2018 to increase Gratuity Ceiling is Notified

This Notification ensures that the  employees of private sector and in Public Sector Undertakings/ Autonomous Organizations under Government who are not covered under CCS (Pension) Rules will be entitled to receive higher amount of gratuity at par with their counterparts in Government sector.
MINISTRY OF LABOUR AND EMPLOYMENT
NOTIFICATION
New Delhi, the 29th March, 2018
S.O. 1419(E).—In exercise of the powers conferred by sub-section (2) of section 1 of the Payment of Gratuity (Amendment) Act, 2018 (12 of 2018), the Central Government hereby appoints the 29th day of March, 2018 as the date on which the said Act shall come into force.
[No. S-42012/02/2016-SS-II]
MANISH GUPTA, Jt. Secy.
NOTIFICATION
New Delhi, the 29th March, 2018
S.O. 1420 (E).—In exercise of the powers conferred by sub-section (3) of section 4 of the Payment of Gratuity Act, 1972 (39 of 1972), the Central Government hereby specifies that the amount of gratuity payable to an employee under the said Act shall not exceed twenty lakh rupees.
[No. S-42012/02/2016-SS-II]
MANISH GUPTA, Jt. Secy.
NOTIFICATION
New Delhi, the 29th March, 2018
S.O. 1421 (E).—In exercise of the powers conferred by clause (iv) of the Explanation to sub-section (2) of section 2A of the Payment of Gratuity Act, 1972 (39 of 1972), the Central Government hereby specifies for the purposes of the said clause that the total period of maternity leave in the case of a female employee shall not exceed twenty-six weeks.
[No. S-42012/02/2016-SS-II]
MANISH GUPTA, Jt. Secy.

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