The calculation will be the same as that of other employees. The only difference is that the the Limit of 5 years will not be there and the gratuity amount will be paid to the legal heir of the deceased.
From India, Kochi
From India, Kochi
THE PAYMENT OF GRATUITY (AMENDMENT) ACTS, 2010 (NO.15 OF 2010) [17th May, 2010.]
An Act further to amend the Payment of Gratuity Act, 1972. BE it enacted by Parliament in the Sixty-first Year of the Republic of India as follows:-
In section 4 of the Payment of Gratuity Act, 1972, in sub-section (3), for the words “Three lakhs and Fifty thousand rupees”, the words “Ten lakh rupees” shall be substituted.
Regards,
Jayanta Basak
From India, Calcutta
An Act further to amend the Payment of Gratuity Act, 1972. BE it enacted by Parliament in the Sixty-first Year of the Republic of India as follows:-
In section 4 of the Payment of Gratuity Act, 1972, in sub-section (3), for the words “Three lakhs and Fifty thousand rupees”, the words “Ten lakh rupees” shall be substituted.
Regards,
Jayanta Basak
From India, Calcutta
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