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abhay pethe   18 January 2018

Gratuity

What is penalty for non-payment of gratuity ?


Learning

 4 Replies

Anand Rajkumar kusum Gupta   18 January 2018

1 year to 3 year imprisonment.

Kumar Doab (FIN)     18 January 2018

What is this establishment say; Private, Govt?

Which Gratuity Rules apply?

Kumar Doab (FIN)     18 January 2018

 

Assuming that Payment of Gratuity Act, 1972 applies;

GO thru;

Sec;9

9. Penalties.-

….imprisonment  for a term 5*[which  shall not  be less than three months but which may  extend to one year,  or with  fine which  shall not  be less  than ten  thousand rupees but which may extend to twenty thousand rupees, or with both..

https://www.labour.nic.in/sites/default/files/ThePaymentofGratuityAct1972.pdf

Kumar Doab (FIN)     18 January 2018

 

 Interest on delayed period @10%pa

7; (3A) If the amount of gratuity payable unde

r sub-section (3) is

not paid by the employer within the period spec

ified in sub-section

(3), the employer shall pay, from the date on

which the gratuity

becomes payable to the date on which it is paid

, simple interest at

such rate, not exceeding the rate notified by th

e Central Government

from time to time for repayment of long-term

deposits, as that

Government may, by notification specify


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