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
From India, Dehra Dun
Provident Fund and Gratuity Act , both are separate Act.
If Gratuity Act is applicable to your company then you legally liable to pay gratuity to employees based on rules and regulations of gratuity Act.
From India, Delhi
18If Gratuity Act is applicable to your company then you legally liable to pay gratuity to employees based on rules and regulations of gratuity Act.
From India, Delhi
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 benefit by the employer can not 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
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 benefit by the employer can not 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
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
FORM-F-NOMINATI ON OF GRATUITY.pdf
Gratuity Form I.doc