Smruti (MBA) (25 Points)
24 September 2014Hi
In my organization we wont deduct any grtuity amount from employees and we wont maintain any Gratuity fund also . In case any employee completes 5yrs with the company do we need to pay him gratuity . If yes is it mandatory to pay or we have any alternatives . Please reply . Thank s
@VaibhavJ
(Believe!! Live your dreams!)
(33516 Points)
Replied 24 September 2014
Hi
Yes, generally it is mandatory to pay gratuity.
Refer: https://hrsuccesstalk.blogspot.in/2013/03/13-facts-one-should-know-about-gratuity.H T M L
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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