Enhancement of ceiling of Payment of Gratuity to the NVS employees from Rs.10.00 lacs to Rs.20.00 lacs
Navodaya Vidyalaya Samiti Ministry of Human Resource Development Government of India (Department of School Education & Literacy) B-15. Institutional Area. Sector-62 Noida Gautam Budh Nagar, Uttar Pradesh -201209
Sub:- Enhancement of ceiling of Payment of Gratuity to the employees of NVS from Rs.10.00 lacs to Rs.20.00 lacs.
is hereby notified that the ceiling limit of Gratuity has been enhanced
from Rs.10.00 lacs to Rs.20.00 lacs with effect from 29.03.2018 in
respect of the employees who joined NVS prior to 01.01.2004.
It is also notified that the NVS-Payment of
Gratuity Rules, 2007 hither to in operation has been scrapped.
Henceforth, the Payment of Gratuity, as amended from time to time under
Payment of Gratuity Act, 1972 ( amended in 2018) will be applicable for employees of NVS who joined NVS prior to 01.01.2004.
This has the approval of the Ministry as communicated vide letter No. F.No. 17-30/2018-UT-3 dated 11.02.2020.