IRDA issues guidelines for Accounting Treatment of Enhanced Provision of Gratuity
IRDA CIRCULAR: The pay revision of the officers and employees has been carried out by the Public Sectors Insurance companies in the year 2010-11 and Government by Gazette, Notification dated May 24, 2010 has revised upward maximum limit for Gratuity under “Payment of Gratuity Act 1972†from `3,50,000/- to `10,00,000. Read more