Payment of Gratuity Act

Payment of Gratuity Act

We are eminent firm engaged in providing consultancy services to our esteemed clients. The Gratuity Act was introduced for the employee retention. This Act is a boon for the employees, specially the ones working in government organizations. The Gratuity Act is applicable to both private and public sector. Some of the highlighting features of this Act are:

• Employee retention policy
• New limit Rs 3.5 to 10 lacs
• Rs 10 lacs on gratuity is tax-free