Gratutiy payment
This query is : Resolved
02 September 2014
Dear Expert,
My friend is working in a private company for the last 2 years.He is earning 25,000 per month. Now, His employer wants to implement Payment of gratuty act in his company, and informed all the employees that,there is a deduction for gratuty in salary evermy month with retrospective effect.
Qstion:
1. In the offer letter there is no mention of gratuty. So,Can the employer deduct 2000 from 25,000 salary???
2.If there is any minimum - maximum deduction percentage as per statute?
3.Can employer deduct retrospectively (last 2 years* 2000 per month)??? huge buden on employees....
Pls clarify...Thanku in advance
My friend is working in a private company for the last 2 years.He is earning 25,000 per month. Now, His employer wants to implement Payment of gratuty act in his company, and informed all the employees that,there is a deduction for gratuty in salary evermy month with retrospective effect.
Qstion:
1. In the offer letter there is no mention of gratuty. So,Can the employer deduct 2000 from 25,000 salary???
2.If there is any minimum - maximum deduction percentage as per statute?
3.Can employer deduct retrospectively (last 2 years* 2000 per month)??? huge buden on employees....
Pls clarify...Thanku in advance
02 September 2014
1. yes
3. no for prev years not allowed
3. no for prev years not allowed
Message likes :
1 times
03 September 2014
Thank you Mr.Tushar..Can you pls provide me the provisions for non applicability of gratuity with retrospectively...
03 September 2014
there is no specific provision which states that its applicable retrospectively so its prospectively only
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Tax on Amount transferred in HUF Account
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Working on Gold wastage during Melting of old gold jewellery
- Royalty payments to the Mining Department for procurement of murum - GST input
- Capital gains in IT returns
- Intimation under section 245
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
