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

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