Gratuity on enhanced limit
This query is : Resolved
08 May 2010
Dear all,
We understood as of now it is ready to be placed before the Parliament for needful amendment, keeping that view, what will be the stand to the Corporate while doing the actuarial valuation, would it be worth to recompute the valuation based on the enhanced limit. I have been informed that some Corporates are doing the valuation based on the reevised limit. I need the members to have a view on it.
We understood as of now it is ready to be placed before the Parliament for needful amendment, keeping that view, what will be the stand to the Corporate while doing the actuarial valuation, would it be worth to recompute the valuation based on the enhanced limit. I have been informed that some Corporates are doing the valuation based on the reevised limit. I need the members to have a view on it.
08 May 2010
Enhanced Gratuity limit already approved by the Parliment this week 5th May 2010
08 May 2010
agreed, does it then require on the part of the Corporate to consider the acturial valuation on this basis or wait till the amendment of the Act?
08 May 2010
they required to wait till the amendment come in to effect
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