Gratuity
This query is : Resolved
22 March 2011
When the limit of gratuity enhanced to Rs.10 lacs
22 March 2011
w.e.f.24/5/2010. See details below.
As per Govt of India’s notification the effective date of The Payment of Gratuity (Amendment) Act, 2010 is 24.05.2010. It is mentioned in the Gazatte notification issued by Ministry of Labour & Employment in the Gazette of India extraordinary Part-II, Sction-3,Subsection(ii), S.O.121(E) –“In exercise of the powers conferred by sub-section(2) of section 1 of the Payment of Gratuity(Amendment) Act, 2010(15 of 2010) , the central Government hereby appoints the 24th day of May,2010, as the date which the said Act shall come into force”.
As per Govt of India’s notification the effective date of The Payment of Gratuity (Amendment) Act, 2010 is 24.05.2010. It is mentioned in the Gazatte notification issued by Ministry of Labour & Employment in the Gazette of India extraordinary Part-II, Sction-3,Subsection(ii), S.O.121(E) –“In exercise of the powers conferred by sub-section(2) of section 1 of the Payment of Gratuity(Amendment) Act, 2010(15 of 2010) , the central Government hereby appoints the 24th day of May,2010, as the date which the said Act shall come into force”.
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