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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 other establishments and for matters connected therewith or incidental thereto.
[21st August, 1972] 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 other establishments and for matters connected therewith or incidental thereto. Short title, extent, application and commencement.-
Application for gratuity.-(1) An employee who is eligible for payment of gratuity under the Act. or any person authorised. in writing, to act on his behalf, shall apply, ordinarily within thi11y clays from the date the gratuity became payablt:, in.
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 seasonal establishment, gratuity is payable at the rate of seven days wages for each season.
The Payment of Gratuity Act, 1972 is an act that makes the payment of gratuity mandatory for employers to their employees. Employees working in mines, oilfields, railways, factories, ports, and shops or establishments are covered under this Act and stand to benefit from its provisions.
Nov 8, 2022 · A gratuity must be paid to an employee upon termination of employment if he or she has provided continuous service for five years or more, according to Section 4(1) of the Payment of Gratuity Act of 1972.
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 other establishments and for matters connected therewith or incidental thereto.
The Act provides for a scheme of compulsory payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, motor transport undertakings, shops or other establishments and for matters connected
Sep 6, 2017 · The Payment of Gratuity Act, 1972 (Download 158.09 KB)(21st August, 1972) Language English . Attachment: THE PAYMENT OF GRATUITY ACT, 1972.pdf. Accessibility Statement; Terms & Conditions; Website Policies; Help; Feedback; Contact Us; FAQ; Web Information Manager; Sitemap; Website Content Owned and Managed by ...
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 other establishments and for matters connected therewith or incidental thereto