Dear All, Please help or elaborate on Compulsory Gratuity Insurance | Karnataka Rules 2024
From India, Mumbai
Hi, Please refer the following link : https://www.citehr.com/644816-karnataka-compulsory-gratuity-insurance-rules-2024-a.html
From India, Madras
Hi Pradnyakar,

There is no specific information available about a "Compulsory Gratuity Insurance" and any related rules specifically in Karnataka or any other Indian state. Please note that laws and regulations are subject to change,.

Gratuity is a statutory benefit provided to employees in India under the Payment of Gratuity Act, 1972. It is a lump sum payment made by the employer to the employee as a token of appreciation for the services rendered by the employee during the period of employment. However, as of my last update, there wasn't any specific rule related to "Compulsory Gratuity Insurance" in Karnataka or at the national level.

If there have been new developments or changes in regulations after January 2022, I recommend checking with official government sources, such as the Ministry of Labour and Employment or the Karnataka State Labour Department, for the latest and most accurate information. Legal professionals or experts in employment laws in India may also provide assistance in understanding any recent changes in rules related to gratuity or insurance.

Thanks

From India, Bangalore
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