Any establishment which had employed at least 10 persons, whether workers or not, during the 12 months preceding to its liquidation is bound to pay gratuity. This is an amount payable to all employees including managerial staff. It is payable to those who have completed at least 5 years of service and the amount will be equal to 15 days salary for every year of service with the organisation subject to a maximum of Rs 10 lakhs.
Madhu.T.K
From India, Kannur
4250Madhu.T.K
From India, Kannur
Gratuity is a payment made by employer and it covers all employees irrespective of their salary level.
Even if no claim application is made by an employee, employer obligation to make payment. It can be refused only under circumstances of riotous behaviour, misconduct involving moral turpitude.
Gratuity can not be attached.
From India, Bangalore
Even if no claim application is made by an employee, employer obligation to make payment. It can be refused only under circumstances of riotous behaviour, misconduct involving moral turpitude.
Gratuity can not be attached.
From India, Bangalore
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Gratuity Act-Teachers-Ma dhya Pradesh.docx
Payment of Gratuity Act, 1972 & The Rules.ppt