EPF Organisation enhances the gratuity limit to Rs.25 lakh.

The Employees’ Provident Fund Organisation has enhanced the maximum limit of retirement gratuity and death gratuity by 25%. According to the EPFO letter dated 30-04-2024, the maximum limit of the retirement gratuity and death gratuity has been increased from Rs.20 lakh to Rs.25 lakh, on account of revision of Dearness Allowance payable to Central Government employees to 50% of the basic pay w.e.f. 01.01.2024.