As you are aware Gratuity Amendment Act 2010 is notified in Official Gazette with Rs.10 lakhs as limit replacing Rs.3,50,000
The Payment of Gratuity (Amendment) Act, 2010 is notified in Official Gazette on 18th May 2010, amending the Payment of Gratuity Act, 1972 with revision in maximum ceiling from Rs. 3.5 lac to Rs. 10 lakhs.
The said Act shall come into force with effect from 24th May 2010 as per the Notification S.O. 1217(E) published in the Official Gazette.
FOR CEN.GOVT.EMPLOYEES IT IS 1/1/2006 & FOR PSU IT IS 1/1/2007 ,THEN WHY IT IS 24/5/2010 FOR OTHERS.IN A COUNTRY POLICY MAKERS ARE MAKING POLICY IN THEIR FAVOUR AND NOT IN INTEREST OF COMMON PEOPLE.WHY TAX SLAB IS SAME FOR ALL AND NOT GRATUITY. WORKING IN GOVT, AND PSU AND PVT SECTORS IS KNOWN TO EVERYONE .REQUEST OUR HON. PM AND HON. FM TO LOOK INTO THIS DISPARITY
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