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Pushpa (Compensation Specialist)     31 October 2012

Gratuity

Hi,

 

Is it permissible to offer 2 different Gratuity schemes within the same legal entity?

 

THanks



Learning

 3 Replies

Kumar Doab (FIN)     31 October 2012

Other than Gratuity offered as per provisions of

Payment of Gratuity Act, 1972

Employer can offer its own superannuation scheme as well.

Payment of Gratuity Act, 1972

Section: 4
Payment of gratuity.

(5) Nothing in this section shall affect the right of an employee to receive better terms of gratuity under any award or agreement or contract with the employer.

 

Adv k . mahesh (advocate)     05 November 2012

i agree with it 

Pushpa (Compensation Specialist)     06 November 2012

Hi Kumar and Mahesh,

 

Thanks.


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