Payment of Gratuity (Amendment) Act, 2010 (No. 15 of 2010), dated 17-5-2010
An Act further to amend the Payment of Gratuity Act, 1972.
Be it enacted by Parliament in the Sixty-first Year of the Republic of India as follows:-
(2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint.
Amendment of section 4 of Act 39 of 1972.
2. In section 4 of the Payment of Gratuity Act, 1972, in sub-section (3), for the words “three lakhs and fifty thousand rupees”, the words “ten lakh rupees” shall be substituted.