What is payment of gratuity act in Labor and employment Law ?? What is gratuity in salary? when is payment of gratuity act applicable ? How can I get my gratuity? How gratuity is calculated? What is the Gratuity Act? please share details Urgently
DRAJPUT 16 October 2017
What is payment of gratuity act in Labor and employment Law ?? What is gratuity in salary? when is payment of gratuity act applicable ? How can I get my gratuity? How gratuity is calculated? What is the Gratuity Act? please share details Urgently
ajay 17 October 2017
Kumar Doab (FIN) 22 December 2017
Payment of Gratuity Act, 1972; 1,2,2A,4
https://www.labour.nic.in/sites/default/files/ThePaymentofGratuityAct1972.pdf
Gratuity= { (Basic+DA)/26*15*No of years in service}
(Basic+DA) as per last drawn salary
No of years in service;
if after 5 calender years employee has worked for <6 months=0
if after 5 calender years employee has worked for >6 months=1
Kumar Doab (FIN) 22 December 2017
If NO of employees in establishment are 10 ESI coverage should be given and also Gratuity.
If NO of employees in establishment are 20 PF, ESI coverage should be given and also Gratuity.
For salary look into Min.Wages Act and notifications in the state from O/o Labor Commissioner
Bonus; per Payment of Bonus Act ; As per applicable wage ceiling it should be paid to all eligible employees..
The local employee’s/trade unions can help and guide, without any fee.
Local Labor Inspector can also help.
Kumar Doab (FIN) 22 December 2017