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Gratuity

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(Querist)
03 October 2017 Could anyone please say the effective date(or AY) from which increase in limit of gratuity ( 20 lakh) applicable??
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
03 October 2017 From 1.1.2016
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
03 October 2017 Not inc in IT Act
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mrunalini

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mrunalini (Querist)
03 October 2017 Thank you mam. But could you let me know, whether if private employees are also covered from such date??
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mrunalini

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mrunalini (Querist)
03 October 2017 Thank you mam. But could you let me know, whether if private employees are covered from such date?
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Radhakrishnan K.V.

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Radhakrishnan K.V. (Expert)
08 October 2017 Yet to be made applicable to private sector employees by passing Bill to amend PG Act 1972. Effective date will be declared accordingly.
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mrunalini

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mrunalini (Querist)
08 October 2017 okay sir. Thank you
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