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. Whereas the date of effect of the revised ceiling may be decided by the Central Government through Official Gazette as per THE PAYMENT OF GRATUITY (AMENDMENT) ACT 2010
Notification in Effective Date for Revision of Gratuity Amendment Act to Rs. 10 lakhs: Notification in Official Gazette as on 24th May 2010
30 comments:
IT IS VERY MUCH UNFAIR WHEN WE TALK OF EQUALITY & PARITY.FOR CENT.GOVT.EMPLOYEE IT IS 1.1.2006 & FOR PSU IT IS 1.1.2007 THEN FOR WHOM IT IS 24.5.2010. TAXPAYERS ARE IN TROUBLE .TAX SLAB IS SAME FOR ALL CATEGORIES, THEN WHY THERE IS DISCRIMINATION ON GRATUITY RULES . CAN GOVT. EXPLAIN?
It is an unjustified amendment for effective date as 24-05-2010 instead of 01-01-2007 as recomended the committee appointed Govt.of India.By the GOI the wages were effected from01-01-2007 as per the recomendation of committee. Now why this discrimination for whose fault. The GOI only delayed to amend the gratuity act for their own reasons. Now the poor employees/officers of PSUS' who were anxiously waiting have to suffer. We all the emplloyees/officers would request the honourable PM,ministers and parlimnetarians to pity and amend effective date as 01-01-2007 so that every one can remenber you for all your support for the amendment.Please show your sympathy not by words like getting the votes. SHIVAKUMAR BS
UPA Govt had done a minor job to enhance the limit from Rs 3.50 L to 10L after sleeping over for so many years , passed by Lokh Sabha & Rajya Sabha immedately & without any ressitance .Govt under pressure from Emmployeers of Pvt Sector , already decided to implement with prospective date with bad intention to keep the effective date secret before the both houses & employees to oblige Big Houses .
Now it has become an open secret that the UPA Govt has announced that the effective date as 24-05-2010 to support the Pvt.sector employers.
But they speak about equality and all only to safe guard their interests/power.
By satisfying Pvt.sector employers they get what not all.But by employees/officers of PSUs' what they will get nothing.
At least now will they open their eyes and as promised by the Hon.Labour Minister will they amend the effective date as 01-01-2007 as recomended the justice Mohan commitee which was appointed by UPA GOvt. only.
The ruling Govt. has shattered the hopes of the retired employees from 01.01.2006 to 23.05.2010. Is it true justice if you have 2 effective dates for the Gratuity Act i.e. 1.1.2006 for Central Govt. employees and the other as 24.05.2010 for the others including Central Govt. PSU's? Are'nt we all equals in the eyes of God and so our Hon. President & PM who lead this country with our help should have thought of treating us all as EQUALS and made the effective date of Gratuity as 01.01.2006 for ALL. Please help us to serve the nation from further damage looking to the rise in prices of each and every commodity. Where is your aam aadmi agenda? Isnt this like wishful thinking? I dont think this blog which will have much impact on the Govt. as they are here only for the rich and the greedy.
Public and Private Sector retirees from01.01.06 to 23.05.10 are a cheated lot of employees by the Govt of India, Ministry of Labour who denied them their rightful retiral benefit of enhanced gratuity.GOI have no explanation to justify denial of the benefit.If it was meant to save public funds, then the Payment of Gratuity Act should not have been implemented from retrospective date of 01.01.06 for Central Govt Employees.It has been deliberately delayed for more than four years to benefit the private sector employers.Such an deterimental act clearly shows anti people policies of the Congress led UPA Govt.Opposition members in Parliament also failed to notice notoriety of the Act under the impression that it is for the welfare of pensioners.They failed to realise the financial loss and discrimination being done to the retired poor employees.The way the Act has been passed and implemented leads to an impression that someone in the Ministry Of Labour has played a mischief for consideration. A country where frequent scams are unearthed, the possibility of accepting a few crores of rupees for delaying the implementation of the Act can't be ruled out.This is another scam added to the long list of unearthed scams committed in the country by the unholy nexus between politicians,businessmen,industrialists and the bureacrats.Corruption is at its Zenith under the UPA rule.Media should highlight this unjustice done to the retirees of PSU and private sector
Central Govt employees do not have to pay tax on any amount of gratuity. The CPSU employees who retired/voluntarily were paid gratuity of 10 lakhs from 1.1.2007 to 23.05.10 had to pay tax. What sort of justice is this? The Govt. takes its own time to amend the Gratuity Act and even when they amended it, they could have easily given it retrospective effect. How much does the Govt. would fill their coffers by denying tax exemption to those employess retiring between 1.1.2007 to 23.05.2010? Is it correct in Law? Will High Court/Supreme Court or Supreme Court will decide in favour of the employees who paid tax if an appeal is filed? What would the legal experts say?
please advise whether this enhanced gratuity scheme applies to the central government employees from what date
how can I get the copy of enhanced gratuity gazetee notification
@SHIVAKUMAR BS, I completely agree with you on every word. @Ramya, Government servants were already exempt under Sec. 10(10)(i) applicable to them up to Rs. 10 lakh, when the ceiling was raised for them from Rs. 3.50 lakh by a notification dated September 2, 2008, amending Rule 50 with retrospective effect from January 1, 2006.
Our decision makers who do not have time to read files would need people like Radia to explain things and get results;
SHAME ON UPA GOVT. WHO TALKS OF EMPLOYEES /LABOUR WELFARE BUT WHILE ENHANCING THE GRATUITY FOR BANK/
LIC /PRIVATE SECTOR EMPLOYEES THE DATE WAS NOT ANNOUNCED IN PARLIAMENT BUT IT WAS ENHANCED BY GOVT. ITSELF FROM 24/05/10 TO BENEFIT PRIVATE EMPLOYERS FOR THE REASON /CONSIDERATION WELL KNOWN TO THE POLITICIANS.IF GOVT IS SO CLEAR IN THEIR HEART WHY DONT THEY ANNOUNCE THE REASON IN PARLIAMENT OR IN MEDIA THE REASON FOR ENHANCEMENT OF THE GRATUITY ON 01/01/06 FOR GOVT EMPLOYEES 01/01/07 FOR PSU AND 24/05/10 FOR PRIVATE/PUBLIC SECTOR EMPLOYEES. LABOUR MINISTER LOGIC THAT THE PAYING CAPACITY OF THE EMPLOYERS OF THE PRIVATE/PUBLIC SECT. IS NOT DIGESTED. GOVT IS ALREADY GIVING SO MANY BENEFITS TO BUSINESS PEOPLE BY WAIVING OF THEIR LOANS TO THE TUNE OF CRORES OF RUPEES. IT IS TOO LATE WE REQUEST THE PRIME MINISTER/UPA CHAIRMAN/LABOUR MINISTER/ ALL MEMBERS OF PARLIAMENT PLEASE AMEND THE EFFECTIVE DATE OF PAYMENT OF ENHANCED GRATUITY FROM 24/05/10 FOR PRIVATE/PUBLIC SECTOR EMPLOYEES TO 01/01/06 AT PAR WITH THE CENTRAL GOVT. EMPLOYEES
Now a days without politicians co-operation you cannot achieve anything even if the demand is reasonable. Let the public sector employees meet the ruling party politicians to convince the Govt on the issue in the monsoon session of Parliament.
I suggest that a delegation of affected people should meet the leader of opposition and explain the position.Forget that UPA Govt will correct their mistake. They wil never do it for obvious reasons. Someone should take the initiative. It is a sin to tolerate injustice.
Definitely believe that which you stated. Your favorite justification appeared to be on the web the easiest thing to be aware of.
I say to you, I definitely get annoyed while people consider worries that they just do not know about.
You managed to hit the nail upon the top and defined out the whole thing without having side effect ,
people can take a signal. Will likely be back to get more.
Thanks
Take a look at my blog post: go to the Website
Hello there, just changed into aware of your weblog via Google,
and located that it's really informative. I'm going to watch out for
brussels. I will appreciate in case you proceed this in future.
A lot of people will probably be benefited from your writing.
Cheers!
My blog - youtube views webseite
Hey there, You've done a great job. I will definitely digg it and personally suggest to my friends. I'm sure they'll be benefited from this site.
My blog :: furnished
If some one desires to be updated with latest
technologies therefore he must be go to see this web page and
be up to date daily.
Look at my web blog - propertywide.co.Uk
Your style is so unique compared to other people I have read stuff from.
Many thanks for posting when you have the opportunity, Guess
I'll just bookmark this page.
my weblog ... diet plans For women to lose weight fast
I want to know the Celing amount of gratutity of west Bengal Government from 01.07.2010
No matter if some one searches for his required thing, thus he/she wishes to be available that in detail, therefore that thing is maintained over
here.
Here is my blog post; waist To hip ratio
Hi there friends, its great piece of writing on the
topic of tutoringand entirely defined, keep it up
all the time.
Also visit my page; how you can help
І lovе to exаminе the
minutiae of these things, that's what makes this site really tick over. Things other authors forget.
Visit my site: quick secured loans
Ӏf you are going tο do it as well then I'm not doing it! There's nо poіnt doіng the ѕamе thing oncе more.
Mу рagе - unsecured Personal loans
Off foг а scan οn my finger soon, can barely tyρe
ωith this break. Rly hаrd tyріng with
a fгactured finger!?.
Also νisit my blog post - personal loans
I've been trying to find a comprehensive article on this for months, and this has been a good help. I shall be getting this shared on twitter for definite.
Feel free to visit my web-site personal loans bad credit
Talk аbοut a bгeakdown іn communication,
there іs nothing ωrong ωith bеing civil.
my ωebsite ... unsecured personal loans
I wiѕh this woгkеd on аnԁroid.
.. hoωeveг if it did Ι would juѕt come up with thingѕ lіkе thiѕ all day and get little done.
..
Feel free to visit my page: personal loans
I feel as though I've been on the wrong end of a stampeed after reading all this. It's bloody challenging focusing with а hangover!
Нere is my webрage: fast and easy loans
Τheгe's usually a new problem waiting to be solved as soon as you've sοlved one.
Neνer dοne huh!
Take a looκ at my ωeb ѕіtе .
.. fast cash loans uk
Post a Comment