pulkit30
1

Dear All Seniors
I am working in PVT.LTd. company, Company runing from last 8 years.
Now I have spend 7 year in that company. I want to know the grauity is applicable for that company or nor. Their management saying that In our company grauity is not applicable.
Regards
Pulkit

From India, New Delhi
pradyumna_atri
1

Dear Pulkit please specify what kind of company are you working in .... or u can check up in payment of gratuity act and see if the act is applicable to your company.
From India, Delhi
R.N.Khola
363

Dear Pulkit,
As specified by Mr.Pradyumna Kumar Atri you may go through section 1(3) on its applicability under The Payment of Gratuity Act, 1972.
With Regards,
R.N.Khola



From India, Delhi
Jayakumar_511211
The Gratuity act says all those who have superannuated, resigned, and have put in 5 yrs service are eligible for gratuity at the rate of 15 days wages for every completed year of service i.e. 15/26*wages*no. of yrs service and the max gratuity payable has been increased to Rs. 10 L from 3.5 L. In the case of death the min period of service is relaxed.
Jayakumar D P

From India, Pondicherry
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