Back to Main Page

Multiple Choice Questions

Under the Payment of Gratuity Act 1972 the maximum gratuity payable is ........

Industrial Relation and labour law Labour Laws -II

Download Solution PDF

Under the Payment of Gratuity Act, 1972 the maximum gratuity payable is:

Rs. 10 lakhs

Rs. 8 lakhs

Rs. 5 lakhs

Rs. 20 lakhs

छोटे Courses बड़े Results

Master Labour Laws -II

Prepare through Micro-courses

Try Now

Explanation:

Gratuity is a type of after service payment to the employees who have fulfilled certain conditions of the job. According to the Payment of the Gratuity Act, 1972 the maximum amount of gratuity which can be paid to a employee is 10 lakh rupees. However, after the amendment of 2018, the limit has been increased to Rs 20 lakh.

By: Vikas Goyal

Profile ResourcesReport error

Submit Error

Let's Discuss

To avoid confusion necessary changes have been made

Ashesh Bhardwaj

New maximum limit is Rs. 20 lakhs which is also given in the explanation and in option also. Hence option d should be the correct answer

after the amendment of 2018, the limit has been increased to Rs 20 lakh. So, best option is Rs. 10 lakh.

Saksham samadhiya

There has been an amendment and now maximum payment amount has been increased to 20,00,000

Akash singh

there is no mention about new ceiling.previous ceiling was 10 lakh

last 2 options same

abhishek yadav

wrong option ...max gratuity is 20 lakh

MIRZA SADDAM HUSSAIN

the answer is correct

Explore
Micro
Courses

Free
Video
Courses

Free
Test
Series

Free
PDF
Documents