Hi all, Ours is a Pvt Ltd company employing less than 10 persons. One Director after 21 years is retiring. Is Gratuity is applicable to him? If so how to calculate? reply Arun
From India, Mumbai
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From India, Mumbai
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Dear Arun,
As per your brief, the Act itself is not applicable to your company. For further details, you may go through section 1 of the Payment of Gratuity Act, 1972.
With Regards,
R.N.Khola
Hi all, Ours is a Pvt Ltd company employing less than 10 persons. One Director after 21 years is retiring. Is Gratuity applicable to him? If so, how to calculate? reply Arun
From India, Delhi
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424As per your brief, the Act itself is not applicable to your company. For further details, you may go through section 1 of the Payment of Gratuity Act, 1972.
With Regards,
R.N.Khola
Hi all, Ours is a Pvt Ltd company employing less than 10 persons. One Director after 21 years is retiring. Is Gratuity applicable to him? If so, how to calculate? reply Arun
From India, Delhi
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i also want to know that which acts are applicable to a pvt ltd company, particularly a automobile dealership employing 150 employees
From India, Mumbai
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From India, Mumbai
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i understand that the amended gratuity bill would be effective from immediate effect while as central govt. employees have been paid gratuity wef 01/01/2006.why this disparity?rnarora
From India, Gurgaon
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From India, Gurgaon
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Hi, We are a pvt ltd company with 4 employees registerd under shops and establishment in Mumbai.wanted to know whether my staff s applicable for gratuity if they ave completed 27 years f service
From India, Mumbai
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From India, Mumbai
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Hi, we are a private limited company with 4 employees registered under the Shops and Establishment Act in Mumbai. I wanted to know whether my staff is eligible for gratuity if they have completed 27 years of service.
Hi Deepa, thanks for the information. I would like to know if there is any component to be given to the employees when they leave after 27 years. We have been giving them a net salary without any deductions. So, what are the bases on which compensation is calculated under the Bombay Shops & Establishment Act?
Regards.
From India, Mumbai
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Hi Deepa, thanks for the information. I would like to know if there is any component to be given to the employees when they leave after 27 years. We have been giving them a net salary without any deductions. So, what are the bases on which compensation is calculated under the Bombay Shops & Establishment Act?
Regards.
From India, Mumbai
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GRATUITY Calculator for Central Govt & Private Concern only.xls
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