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The wages here means wages last drawn by the employee. The "15 days' wages" will be calculated by dividing the last drawn wages by 26 and multiplying the result with 15. But under Section 4(3), the maximum gratuity that is payable is fixed at ₹20,00,000. Any gratuity amount paid in excess of ₹20,00,000 is taxable in the employee's hands. [4]
In 2016, the NPS allowed withdrawal of up to 25% of contributions for specified reasons, if the scheme is at least 3 years old with certain conditions. One can withdraw the complete amount if the pension collected is less than ₹5,00,000. [47] This amount was increased to ₹5,00,000 as per PFRDA Circular dated 14 June 2021. [48]
Kerala State Lotteries is a lottery programme run by the Government of Kerala. Established in 1967, under the lottery department of the Government of Kerala, it is the first of its kind in India. Established in 1967, under the lottery department of the Government of Kerala, it is the first of its kind in India.
You can easily calculate the prize money amount using the PRIZE MONEY CALCULATOR. Multi-division chits with tenures of more than 100 months, maximum auction discount is 40%. For chits with a tenure of 60 months to 100 months, the chit maximum auction discount is 35%.
“In this case, we can round up the bill from $22.50 to $24.00, for example, and still show a little appreciation.” Hotel Housekeeping Many people overlook tipping in this service industry area.
Kerala State Consumer Disputes Redressal Commission is the first commission in the country to initiate redressal of collaborative practices online. Under this system parties in the dispute by themselves or through their counsel through a call express their interest for their case to be part of Eadalat to the court Master.
Kerala State Legal Services Authority is the statutory body that provides free legal aid to the people of the state of Kerala, India. [ 1 ] [ 2 ] It is one among the several state Legal Services Authorities in India which were constituted following the Legal Services Authorities Act of 1987 .
The account can be opened in the name of individuals, including minors. The minimum amount is ₹500, which can be deposited. The current interest rate is 7.1% annually (Q1 of FY 2024-25). Interest received is tax-free. The entire balance can be withdrawn on maturity. The maximum amount that can be deposited annually is ₹150,000 in an account.