b-law
Ravindrababu Molakalapalli (212 Points)
17 October 2018
what is limit of gratuity payable to an employee? is it 10 lakhs or any ammendment was happen?
4 Replies
CA Rakesh Joshi
(Chartered Accountant )
(1272 Points)
Replied 17 October 2018
Yes. The gratuity limit has been raised to 20 Lakhs from 10 Lakhs.
Hitesh
(Student)
(3549 Points)
Replied 17 October 2018
The limit for gratuity payable has been enhanced to 20 lakhs
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