Dear All, PFA circular - RBI reduces the validity of DD/Cheques from 6 months to 3 months. Regards/Shweta Nair
From India, Mumbai
74From India, Mumbai
I need clarifictaon about calculation of gratuity. If some one worked for 6 years & 6 months exactly, kindly clarify whether employee is elligible for 6 years or 7 years gratuity. As Act Says "As per Gratuity Act, For every completed year of service or part thereof in excess of six months, the employer shall pay gratuity to an employee at the rate of fifteen days wages based on the rate of wages last drawn by the employee concerned”
From India, Delhi
From India, Delhi
Hi Samir, He/She is eligible for 7 years provided he has worked for 240 days in a year. Regards Hema
From India, Mumbai
From India, Mumbai
Dear Prasad ,
I have received this note from my consultant.
I am aware that there is no signature.
This is just a correspondence from RBI , which I assume is right
Whenever I shall get an authenticated copy, I shall post the same.
Regards/Shweta
From India, Mumbai
I have received this note from my consultant.
I am aware that there is no signature.
This is just a correspondence from RBI , which I assume is right
Whenever I shall get an authenticated copy, I shall post the same.
Regards/Shweta
From India, Mumbai
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RBI .zip
Good info on economics by RBI.pdf
RBI Circular 1.JPG