payment of gratuity act

Limit Increase Explained! How Much More Will Workers Receive on Retirement

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payment of gratuity act

Gratuity is a statutory retirement benefit for employees who have completed a minimum period of continuous service with an organisation. In 2026, the Employees’ Provident Fund Organisation has proposed changes to the gratuity rules, including an increase in the maximum ceiling for payouts. This revision aims to provide higher financial protection for employees upon retirement … Read more

Breaking Today! Eligibility, Calculation, and Tax Benefits Every Employee Must Know | Gratuity Rules 2026

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Gratuity Rules 2026

In 2026, the rules governing gratuity in India remain crucial for employees across private and public sectors. Gratuity is a statutory retirement benefit provided to employees as a token of appreciation for long-term service. The payment is governed by the Payment of Gratuity Act, 1972, which has been periodically updated to ensure fairness, eligibility clarity, … Read more