Gujarat govt raises retirement, death gratuity to maximum of ₹25 lakh

The Gujarat government has increased the retirement gratuity and death gratuity to benefit employees who have retired after January 1, 2024.

Chief Minister Bhupendra Patel took the decision in the interest of the state government employees.

Currently, a maximum limit of ₹20 lakh is provided as retirement gratuity and death gratuity.

Now the maximum limit of this retirement gratuity and death gratuity has been increased to ₹25 lakhs per the central government.

Those employees who have retired after January 1, 2024 will stand to benefit from this decision.

The state Finance department will issue necessary resolutions in this regard, approving this proposal.

This will incur an estimated annual burden of Rs. 53.15 crore on the state exchequer