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| Guest post by: Ranadey consultant |
The Revised Payment of Gratuity Act - A Boon for Private Sector Employees - Click To Read Article
Employees of private sector organizations have a reason to smile. Government of India will be revising the ceiling on gratuity payable and increase it from 3.5 lakh to 10 lakh rupees. The main behind considering this revision proposal has been to bridge the disparity between private sector and government sector employees.
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About the Author: Ranadey consultant RSS for Ranadey's articles - Visit Ranadey's website Ranaday actuary services provide Pension Protection Act and AS 15 valuations. Outsource actuarial consulting for various businesses both in India and US defined benefit plan. Click here to visit Ranadey's website The Revised Payment of Gratuity Act A Boon for Private Sector Employees |
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