As per gratuity act , we are required to pay gratuity is organisation has more than 10 employees. Please advise, if the same is necessary while epf act is already applicable.....
From India, Dehra Dun
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From India, Dehra Dun
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Provident Fund and Gratuity Act are separate Acts. If the Gratuity Act is applicable to your company, then you are legally liable to pay gratuity to employees based on the rules and regulations of the Gratuity Act.
From India, Delhi
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18From India, Delhi
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Dear friend,
Provident Fund, Pension, and Gratuity are the "Triple Terminal Benefits of Employment." Therefore, the statutory application of the EPF Act, 1952, or the voluntary extension of such similar benefits by the employer cannot take away his obligation to pay gratuity to his employees on termination of their employment under him once the Payment of Gratuity Act, 1972, becomes applicable to the establishment.
From India, Salem
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Provident Fund, Pension, and Gratuity are the "Triple Terminal Benefits of Employment." Therefore, the statutory application of the EPF Act, 1952, or the voluntary extension of such similar benefits by the employer cannot take away his obligation to pay gratuity to his employees on termination of their employment under him once the Payment of Gratuity Act, 1972, becomes applicable to the establishment.
From India, Salem
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