Parliament passes bill that lets govt double tax-free gratuity to Rs 20 lakh The Parliament today passed the Payment of Gratuity (Amendment) Bill which will increase the ceiling of tax-free gratuity amount to Rs 20 lakh from Rs 10 lakh. "A long awaited change, much expected to bring private sector employees at par with their public sector counterparts as far as gratuity ceiling is concerned. The gratuity amendment act, once it comes into force after receiving presidential assent and publication in the Official Gazette, would provide greater defined benefit advantage for employees as it is likely that income tax limits are increased as it has been the case in the past. The amendment also gives flexibility to the Government to ex .. EMKAY CONSULTANCY SERVICES (ESTT 1985) LABOUR LAW CONSULTANT PF, ESIC, PT, MLWF, Contract Labour Act, Bonus, Gratuity, Maternity Act, Minimum Wages, Payroll, Sexual Harassment of Women at Workplace Labour Law Compliance and Vendor Audit 104, Animesh Appartment, lohar ali, Station Road, Near Karnavat Classes & Laxmi book depot, Above SUN Enterprises, Thane West 4000602 Office Nos. - 022 25440636 / 022 25390466 / 8655800550 Mr. Raychand J. - 8779875109 / 9833043749. www.emkayconsultancy.in Our Google+ A/c Our App Like us on Facebook