By : Oneindia Video Team
Published : December 21, 2017, 08:19
Duration : 01:59
7th Pay Hike : Government has now increased ceiling for gratuity amount
Following the 7th Pay Commission, the government has now increased the ceiling of gratuity amount for employees from Rs 10 lakh to 20 lakh. The Payment of Gratuity (Amendment) Bill, 2017 was introduced by Labour Minister Santosh Kumar Gangwar in the House, amid continued sloganeering by opposition members and counter-slogans by those of the BJP. The Payment of Gratuity Act 1972 was enacted to provide for gratuity payment to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops or other establishments.