Increase Gratuity Limit to Rs.20 lacs at par with Central Govt. Employees
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For Central Govt. workers Gratuity ceiling is raised to Rs. 20 lacs under 7th Pay Commission w.e.f. 01.01.2016. Gratuity ceiling for RBI staff is enhanced from Rs. 9 lacs to Rs. 18 lacs w.e.f 01.01.2016.
But gratuity ceiling for all other employees i.e. Bankers/ Insurance Companies employees/ private employees etc. is still Rs.10 lacs.
It is requested to amend Central Gratuity Act to Increase gratuity for all to Rs.20 lacs, at par with central government employees
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