THE PAYMENT OF GRATUITY BILL 2021 has been passed in the State Assembly, Agartala 22 March 2021.

The payment of Gratuity Act, 1972 was enacted by the Parliament and the same was brought into force on the 16^th day of September, 1972.

The provision of sub-section (3) of section 4 of the Payment of Gratuity Act, 1972, the Central Government enhanced the ceiling limit of gratuity to 20 lakh rupees with effect from 29^th March, 2018 vide notification No. S.O.14 (E) dated 29^th March, 2018.

The State Government is not in a position to extend the new ceiling limit of gratuity in the State of Tripura due to precarious financial condition of the State as various PSUs, Autonomous Bodies, Societies, Boards, Corporations, etc. under different Departments of the State Government are incurring huge losses. The Salary of the employees of these establishments are borne entirely from the grants received from the State Government. Payment of Gratuity at higher rates to the employees of PSUs, Autonomous Bodies, Societies, Boards, Corporations etc. will only increase burden to the State exchequer as most of the payments are made from the consolidated fund of the State. It is so required to enable the State Government to enhance or fix the ceiling by State Govt. for the State Govt. employees and the employees of the PSUs and other bodies as well.

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