Dear Friends,
I am stuck in one point where I could not get any reference to resolve the same.Need your help and suggestion.
If any employee works in a company for 4.3 years and after that he remain absconding for 2years and then he put his resignation. Is he applicable to Gratuity Payment?
Await for your valuable advise.
Vkey
From India, Boisar
I am stuck in one point where I could not get any reference to resolve the same.Need your help and suggestion.
If any employee works in a company for 4.3 years and after that he remain absconding for 2years and then he put his resignation. Is he applicable to Gratuity Payment?
Await for your valuable advise.
Vkey
From India, Boisar
3131
U/s 4(1) of the Payment of Gratuity Act, 1971, the Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for not less than five years only. The term “continues service” is defined u/s 2A of the said Act. Since this employee has worked only for 4.3 years he is not eligible for gratuity.
From India, Coimbatore
From India, Coimbatore
Dear Members, I also have a query that if above mentioned employee would have been worked for 4 year 6 month then, can we round off this period up to 5yrs? Regards, SACHIN
From India, Pune
From India, Pune
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Payment of Gratuity Act, 1972 & The Rules.ppt
THE PAYMENT OF GRATUITY ACT 1972.doc