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FAQ > What is the maximum amount payable under Gratuity Act?
What is the maximum amount payable under Gratuity Act?
Maximum gratuity payable is Rs 3.50 lakhs. [Section 4(3)] [Of course, employer can pay more. Employee has also right to get more if obtainable under an award or contract with employer, as made clear in section 4(5)].
Gratuity Maximum payable increased from 3.50 lakhs to 10 lakhs w.e.f. 22nd April 2010.