Gratuity is a financial benefit given to employees as a recognition of their long-term service. It is a mandatory benefit provided under the Gratuity Act to employees who have worked for at least 5 ...
Compliance with government rules: Like PF, gratuity is also protected and recognised by the government. Tax benefits: The amount of gratuity is tax free. If the company is not registered under the ...
The court said that when an employee is suspended due to a scam or causing loss to the company, then the suspension from ...
Employers often reward employees with additional financial benefits as a token of appreciation for their dedicated service.
Understanding how to calculate gratuity ensures employees are aware of their entitlements, helping them plan their future effectively.
The amount of gratuity exempted from tax depends on whether the employer is covered under the Payment of Gratuity Act, 1972.
The Karnataka High Court has held that in case no proceedings have been initiated against a delinquent employee for recovery ...
Gratuity is an amount payable by an employer to any employee who has completed a minimum of 5 years of service with the employer. The factors considered for gratuity calculation in India are the last ...
The Karnataka High Court has determined that an employer must initiate recovery proceedings before withholding gratuity from ...
For the best experience, please enable JavaScript in your browser settings. QUESTION: My employer has a policy that provides for payment of gratuity upon the ...
A division bench of Justices Ramesh Sinha and Ravindra Kumar Agrawal held that the State cannot withhold gratuity from a ...