Will Modi Government Make Private Service Employees Happy ?

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If you also work in a private company, this news will make you happy. The central government is preparing to provide relief to crores of private employees before the elections. According to sources, the government is preparing to cut the deadline for receiving gratuity by the end of this year.

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At present, the employee working in any company has the benefit of getting gratuity at the job of 5 years. Now the time limit is going to be reduced to three years. A gratuity employee’s salary is that part of the salary, which the company or your employer gives you in return for the services of your years. Gratuity is a benefit plan, which is part of retirement benefits and is given to the employee by the employer when the job is left or finished.

According to sources, its preparations have been started and the Labor Ministry has asked the industry to give its opinion. The ministry wants to know the opinion of the industry on how it will affect it. Also, if it is implemented, then what can be the problem. Ministry sources say this proposal will be placed in front of the new Board of Central Board of Trustees.

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