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.
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
2.http://www.vakilno1.com/bareacts/paymentofgratuity/s4.htm
17 March 2011
Dear Hitender Thanks a lot..
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