Mmo 2024 Gratuity Rules. 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. On 10th january 2024, the government of karnataka published the karnataka compulsory gratuity insurance rules, 2024 (‘new gratuity insurance rules’) to prescribe the.
The gratuity received by all the government employees, employees of municipalities and defense forces is fully exempt without any upper. Use cleartax online gratuity calculator to know gratuity amount of money you will get on retirement.