Greetings of the day.......
1. Is a trust registered with the Charity Commissioner's office as an educational institute allowed to pay salaries to its employees under the terms of CTC (Cost to Company)?
2. Are employees serving in the educational institute eligible for gratuity under the Payment of Gratuity Act 1972 if they are under the terms of CTC?
Please let me know if you need any further assistance.
From India, Delhi
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1. Is a trust registered with the Charity Commissioner's office as an educational institute allowed to pay salaries to its employees under the terms of CTC (Cost to Company)?
2. Are employees serving in the educational institute eligible for gratuity under the Payment of Gratuity Act 1972 if they are under the terms of CTC?
Please let me know if you need any further assistance.
From India, Delhi
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yes, educational institutions are covered under Gratuity Act. B.Saikumar
From India, Mumbai
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1931From India, Mumbai
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Gratuity Act-Teachers-Ma dhya Pradesh.docx
Payment of Gratuity Act, 1972 & The Rules.ppt