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Payment of Gratuity ACt

This query is : Resolved 

16 March 2011 Dear

I have two queries on Gratuity act

1. Is gratuity payable to each employee of employers in preview of gratuity act, irrespective of their salary ? like their are limits in ESI.

2. Can some one give more details on Section 4(A): compulsory insurance ?

It would be helpful if some one answer these queries.

16 March 2011 1. Yes if the employee's service length is more than 5 Years. (Last Salary x 26 x 15 / years of service)

2.http://www.vakilno1.com/bareacts/paymentofgratuity/s4.htm

17 March 2011 Dear Hitender Thanks a lot..




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