Centre relaxes gift policy for employees, hikes monetary limits

Officials under Group A and Group B cannot accept any gift without the nod of the government if the value exceeds Rs 5,000

Employee, Giftbox, benefits
Stock Image
BS Reporter
1 min read Last Updated : Oct 23 2019 | 1:40 AM IST
The Government of India has increased more than threefold the threshold of the monetary value of gifts its employees can receive, officials said on Tuesday. Officials under Group A and Group B cannot accept any gift without the nod of the government if the value exceeds Rs 5,000. The limit was Rs 1,500. Similarly, Group C employees will be able to accept gifts valued up to Rs 2,000 instead of Rs 500 without taking government approval. Government employees under Group A are senior officials. Those under Group B could be gazetted or non-gazetted. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :gifts

Next Story