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NDTV PROFIT - LATEST · INDIAN ·

8th Pay Commission: Will Your Gratuity Increase? Here's What We Know So Far

As reported by NDTV Profit - Latest
The Staff Side of the NC-JCM has recommended raising the maximum payout to Rs 75 lakh. It has additionally argued for a new calculation formula that factors in 25 working days per month instead of the existing 30-day benchmark.
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The Staff Side of the NC-JCM has recommended significant changes for the 8th Pay Commission, proposing to increase the maximum gratuity payout to Rs 75 lakh. They also suggest a new calculation formula, factoring in 25 working days per month instead of the current 30-day…

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