Building a Wider
Horizon With Labour
The bill which seeks to double the tax-free gratuity limit to Rs.20 lakh, from Rs.10 lakh, is likely to be pushed for passage in the upcoming monsoon session of Parliament, beginning July 17, said Labour Minister Bandaru Dattatreya. "This is on our agenda. It may come in this session (monsoon). It will soon go to the Cabinet for approval," the labour minister told Press Trust of India. The draft bill, however, is yet to be scrutinised and approved by the Union Cabinet.
