Tag: Gratuity
January 13, 2021
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
SUPREME COURT GIVES A NOD TO WITHHOLDING EMPLOYEES’ GRA...
The Apex Court, vide its order dated December 15, 2020, in Steel Authority of India Limited vs. Raghbendra Singh & Ors , propounded that there does not exist any constraint regarding withholding an employee’s gratuity against the recovery of dues from such employee, including penal rent, which in the instant case pertained to the overstay by the employee in official company provided accommodation. ......
May 6, 2020
Corporate Law | General Corporate Advisory
Corporate Law | General Corporate Advisory
Alternative Gratuity Option: Applicability of Employee&...
The Payment of Gratuity Act, 1972 ("Act") as a labour welfare legislation was enacted to provide a monetary benefit to an employee after retirement. It lays down the rules and regulations for applicability, calculation and payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops or other establishments. ...