Mmo 2024 Gratuity Act. The increase raises the maximum limit of retirement gratuity and death gratuity from rs 20.00 lakh to rs 25.00 lakh, effective from january 1, 2024. The gratuity received by all the government employees, employees of municipalities and defense forces is fully exempt without any.
Employees working in mines, oilfields, railways,. A gratuity of up to rs.20 lakh paid by organisations covered under the payment of gratuity act, 1972, other than central and state government departments, defence, and local.