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[Cites 0, Cited by 0] [Section 6] [Entire Act]

State of Punjab - Subsection

Section 6(a) in Punjab School Education Board (Payment of Gratuity) Regulations, 1989

(a)The amount of gratuity will be one-fourth of the pay of the employee for each completed six-monthly period of qualifying service subject to 16½ times the 'pay' in the case of employees holding posts carrying pay scales the maximum of which is [Rs. 600/-] [(unrevised).] or more and 17½ times the pay in the case of employees holding posts carrying pay scales the maximum of which is less than [Rs. 600/-] [(unrevised).] : provided that in no case gratuity shall exceed [Rs. 1,00,000/-] [Amended vide Board's item No. 7 dated 28.12.89.].