The bill moved by Labour Minister Santosh Kumar Gangwar was passed by a voice vote. Lok Sabha had given its approval to the important bill last week.
The Rajya Sabha today passed the Payment of Gratuity (Amendment) Bill without discussion
NEW DELHI: Parliament today passed a key bill that will empower the government to fix the amount of tax free gratuity and the period of maternity leave with an executive order.
The Rajya Sabha, which has failed to transact any significant businesses in the last fortnight after protests by various parties, today passed the Payment of Gratuity (Amendment) Bill without discussion.
The bill moved by Labour Minister Santosh Kumar Gangwar was passed by a voice vote.
The Lok Sabha had given its approval to the important bill last week.
The legislation will enable the government to enhance the ceiling of tax free gratuity to Rs. 20 lakh from the existing Rs. 10 lakh for employees falling under the Payment of Gratuity Act.
After the implementation of the 7th Pay Commission, the ceiling of gratuity amount for central government employees was doubled to Rs. 20 lakh.
The Rajya Sabha, which has failed to transact any significant businesses in the last fortnight after protests by various parties, today passed the Payment of Gratuity (Amendment) Bill without discussion.
The Lok Sabha had given its approval to the important bill last week.
The legislation will enable the government to enhance the ceiling of tax free gratuity to Rs. 20 lakh from the existing Rs. 10 lakh for employees falling under the Payment of Gratuity Act.
After the implementation of the 7th Pay Commission, the ceiling of gratuity amount for central government employees was doubled to Rs. 20 lakh.
NEW DELHI: The Gratuity Bill, that empowers the government to fix the amount of tax free gratuity with an executive order, has been passed by Parliament on Thursday.
The bill which was passed by the Lok Sabha last week, was moved by Labour Minister, Santosh Kumar Gangwar in the Rajya Sabha today and passed by a voice vote.
The Payment of Gratuity (Amendment) Bill allows raising the upper limit of payment of tax-free gratuity from Rs. 10 lakh to Rs. 20 lakh.
The bill which was passed by the Lok Sabha last week, was moved by Labour Minister, Santosh Kumar Gangwar in the Rajya Sabha today and passed by a voice vote.
