Dear All,
The Payment of gratuity Act 1972 provides for the payment of gratuity to the employees engaged in factories, oilfields, mines, plantations, port, railway companies or shop & establishment etc. Gratuity is reward payable by the employer to the employee/worker on completion of minimum 5 years of long services with the employers. latest amendment in this act is pass in parliament on April 22, 2010, entails-in enhancing the ceiling from Rs. 3,50,000 to Rs. 10,00,000. This amendment was done on April 8, 2010 and shall be implemented with immediate effect.
Thanks
Chandra Prakash
Message From: hopegovind
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Hi
Thanks a lot for update
Can you please provide copy of such gadget notification
Regards Govind
Message From: psaluja
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GRATUITY AMOUNT PAYABLE UNDER PAYMENT OF GRATUITY ACT ENHANCED FROM 3.5 LAKHS TO 10 LAKHS
Payment of Gratuity (Amendment) Act, 2010 (No. 15 of 2010), dated 17-5-2010
An Act further to amend the Payment of Gratuity Act, 1972.
Be it enacted by Parliament in the Sixty-first Year of the Republic of India as follows:-
Short title and commencement.
(1) This Act may be called the Payment of Gratuity (Amendment) Act, 2010.
(2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
Amendment of section 4 of Act 39 of 1972.
2.In section 4 of the Payment of Gratuity Act, 1972, in sub-section (3), for the words “three lakhs and fifty thousand rupees”, the words “ten lakh rupees” shall be substituted.
Message From: Achu
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Thanks a lot sir. For updation. Would like to know if there is any updates in ESI Act too.
Message From: psaluja
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To be published in the Gazette of India. Part Il, Section 3, Sub-Section (i)] GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT New Delhi, the 20th April, 2010 NOTIFICA TION G.S.R. (E)- The following draft rules further to amend the Employees' State Insurance (Central) Rules, 1950 were published as required under sub-section(l) of section 95 of the Employees' State Insurance Act, 1948 (34 of 1948) in the notification of the Government of Indian in the Ministry of Labour & Employment vide No. G.S.R.164(E), dated the 26th February, 2010, in the Gazette of India, Part Il, Section 3, Sub-section (i), dated 27th February, 2010 for inviting objections and suggestions from all persons likely to be affected thereby till the expiry of the period of thirty days from the date on which the copies of the Gazette of India in which the said notification was published, were made available to the public; And whereas the copies of the said Gazette were made available to the public on 27th February, 2010; And whereas, objections and suggestions received from persons likely to be affected thereby have been considered by the Government; Now, therefore, in exercise of powers conferred by section 95 of the Employees' State Insurance Act, 1948, the Central Government, after consultation with Employees' State Insurance Corporation, hereby makes the following rules further to amend the Employees' State Insurance (Central) Rules, 1950, namely:- 1. These Rules may be called the Employees' State Insurance (Central) Amendment Rules, 2010. 2. These shall come into force from the l " day of May, 2010. 3. In the Employees' State Insurance (Central) Rules, 1950, in Rule 50, for the words "ten thousand", wherever they occur, the words "fifteen thousand" shall be substituted. [F. No. S-38025/04/2010 -SS-I] ~~ S.D. XAVIER Under Secretary ~~_I. , Foot Note:- The principal rules were published in the Gazette of India, Part IL Section 3, Sub-section (i) vide notification number SRO 212, dated the 12nd June. 1950 and subsequently amended vide the following notifications :- l. G.S.R. No. 80, dated 09-01-1960 2. G.S.R. No. 1200, dated 27-09-1960 3. G.S.R. No. 594, dated 29-03-1963 4. G.S.R. No. 240, dated 06-02-1964 5. G.S.R. No. 1834, dated 18-12-1964 6. G.S.R. No. 474, dated 19-03-1965 7. G.S.R. No. 1082, dated 29-06.:1966 8. G.S.R. No. 545, dated 14-04-1967 9. G.S.R. No. 500, dated 06-03-1968 10. G.S.R. No. 677, dated 29-03-1968 11. G.S.R. No. 1106, dated 22-05-1968 12. G.S.R. No. 2113, dated 28-11-1968 13. G~.R. No. 306, dated 07-03-1974 14. G.S.R. No. 1122, dated 01-10-1974 15. G.S.R. No. 56, dated 23-12-1976 16. G.S.R. No.60, dated 05-01-1982 17. G.S.R. No. 129, dated 09-02-1987 18. G.S.R. No. 199, dated 06-03-1990 19. G.S.R. No. 76, dated 22-01-1991 20. G.S.R. No.368, dated 27-03-1992 2l. G.S.R. No. 522, dated 16-11-1996 22. G.S.R. No. 582(E), dated 23-12-1996 23. G.S.R. No. 225, dated 21-04-1997 24. G.S.R. No.226, dated 22-04-1997 25. G.S.R. No. 185, dated 01-09-1998 26. G.S.R. No. 129, dated 29-03-2000 27. G.S.R. No. 210, dated 27-03-2001 28. G-.S.R. No. 28, dated 02-01-2004 29. G.S.R. No. 172(E), dated 04-03-2004 30. G.S.R. No. 316, dated 18-09-2004 31. G.S.R. No. 322(E), dated 17-05-2005 32. G.S.R. No. 591(E), dated 22-09-2006 33. G.S.R. No. 465(E), dated 04-07-2007 34. G.S.R. No. 685(E), dated 31-10-2007 35. G.S.R. No. 254(E), dated 31-03-2008 36. G.S.R. No. 207(E), dated 27-11-2008 37. G.S.R. No. 136, dated 14-09-2009
