7th Pay Commission latest news: Gratuity limit increased to Rs 20 lakh from Rs 10 lakh

[Informalisation and Labour Rights - Related News]

The Central Government has unanimously increased the gratuity limit of more than 47 lakh employees to Rs 20 lakh from Rs 10 lakh. This news brings a smile on Central Government employees as they will get more money for their retirement and will also help them to shape their future plan in a much organised way. Under the 7th Pay Commission, IAS officers to peons all will get enhanced salaries with arrears on September 1. The Narendra Modi government has not yet decided to increase salaries of 14 lakh strong armed forces.