An Act to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops or ...

The Act provides for payment of gratuity at the rate of 15 days wage s for each completed year of service subject to a maximum of Rs. ten lakh. In the case of ...

Long Title: An Act to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway ...

Gratuity Act 1972 Eligibility. An employee, contractual worker, or temporary individual has to work for at least 5 continuous years to be eligible for gratuity.

The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a ...

1. Gratuity is payable if an organisation employs 10 or more individuals – · 2. Employees have to complete 5 years of service to be eligible – · 3. Gratuity can ...

(a) "Act" means the Payment of Gratuity Act, 1972 (39 of 1972);. (b) "Appt:!llate authority" means the Central Govemment or the authority specitied by the ...

21 июн. 2024 г. · Companies must pay a one-time gratuity to retired employees or those who resign after at least five years of service.

It is governed by the Payment of Gratuity Act, 1972. The employee can get the gratuity before five years if he/she gets disabled in an accident or due to a ...

Payment of Gratuity Act, 1972 is ... Every employee of an establishment in which 10 or more person are employed will come under payment of gratuity act.