Gratuity to be Calculated on the Basis of 15 days only, No Intention to Make It 30 Days: Minister of State for Labor

There is very important news for the people doing government jobs and private jobs. There was a rumor that Government will increase the Gratuity to 30 Days instead of 15 Days. The government has categorically denied any increase in his gratuity. The government confirms that there is no proposal to increase the gratuity to 30 days, which is equivalent to 15 days’ salary per year.

The administration has clearly denied that their gratuity has been increased. According to the administration, there is no proposal to expand the gratuity to 30 days, which is equivalent to 15 days’ income per year.

During the Rajya Sabha session, Bhubaneswar Kalita also asked the Labor and Employment Minister whether the government is considering implementing a gratuity scheme for private and contract workers in the public sector, even if they have only worked for one year, because they cannot complete five years of service? Please provide more information on this.

According to Rameshwar Teli, Minister of State for Labor and Employment, under the Social Security Code, 2020 (Code on Social Security, 2020), in the event of an employee’s termination of employment, death or disablement, or termination of employment for a specified period, or any such notification notified by the Central Government. incident, it will not be necessary to complete 5 years of continuous service for gratuity. This code, however, has not yet been implemented.

What exactly is gratuity?

Gratuity is a benefit provided by the Payment of Gratuity Act of 1972. The employer provides a bonus to the employee while he or she is working for the company. However, gratuity is only provided to employees who have worked for the company for 5 years or more.

Should an employee be able to retire?

After 5 years of service, an employee resigned. Gratuity is available when an employee dies or becomes disabled as a result of illness or accident.