Tag: Section 4 Payment of Gratuity Act
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. ...