Dear All,
Request your assistance. I have been working with a firm since 7th Feb 2011. I am planning to resign.
I have a query regarding gratuity. Am I eligible for gratuity? We are covered under shops and establishment act. We are a 5 day working company. Our gratuity fund is with LIC.
Thanks in anticipation.
From India, Mumbai
3Request your assistance. I have been working with a firm since 7th Feb 2011. I am planning to resign.
I have a query regarding gratuity. Am I eligible for gratuity? We are covered under shops and establishment act. We are a 5 day working company. Our gratuity fund is with LIC.
Thanks in anticipation.
From India, Mumbai
Yes you will get gratuity after completing five years service if your establishment have ten or more persons empliyed.
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Hi Varsha Nagpal, you are indeed eligible for gratuity provided you should complete 5 years of CONTINUOUS SERVICE which means 240 days in each completed years. With Regards Mr.Thumbs Up
From India, Chennai
From India, Chennai
Yes you are eligible for gratuity after completion of five years service ,if your establishment have ten or more employees.
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Kumaroraveen, It is not 240 days for an establishment working for five days a week.For them it is 190 days only,to make one years completed service.
From India, Thiruvananthapuram
From India, Thiruvananthapuram
Dear All,
I just wanted to ask you all that my company is a manufacturing unit and my company does not provide any benefit. My organization is registered under Factories Act and standing order act. I'm working here for last 5 years in this orgainization. Now I want to resign, so what all benefits I can claim at the time of resigning. All the benefits I want to claim which I did not get in my working tenure.
Please suggest
Warm regards,
Irvin Preet Narula
From India, Delhi
I just wanted to ask you all that my company is a manufacturing unit and my company does not provide any benefit. My organization is registered under Factories Act and standing order act. I'm working here for last 5 years in this orgainization. Now I want to resign, so what all benefits I can claim at the time of resigning. All the benefits I want to claim which I did not get in my working tenure.
Please suggest
Warm regards,
Irvin Preet Narula
From India, Delhi
Dear Varsha,
Please refer to the shop act of your state. Many are not aware that , employees covered under shops act have to refer the clauses of shops act of the concerned state. In AP shops Act it is clearly mentioned that, the gratuity is payable upon completion of 5 yrs. However, it may be noted that employees leaving even after completion of 1 or 2 yrs are also eligible but under different head ie., " SERVICE COMPENSATION". This amount is also calculated like gratuity but payable to employees even after completion of 1 year. For this pl refer to shops act of the concerned state. I have claimed this amount while in Hyd.
Regards,
From India, Hyderabad
Please refer to the shop act of your state. Many are not aware that , employees covered under shops act have to refer the clauses of shops act of the concerned state. In AP shops Act it is clearly mentioned that, the gratuity is payable upon completion of 5 yrs. However, it may be noted that employees leaving even after completion of 1 or 2 yrs are also eligible but under different head ie., " SERVICE COMPENSATION". This amount is also calculated like gratuity but payable to employees even after completion of 1 year. For this pl refer to shops act of the concerned state. I have claimed this amount while in Hyd.
Regards,
From India, Hyderabad
Recently AP Shops & establishment act amended the service compensation is not taking into consideration who are completed 1 or 2 yrs service
From India, Hyderabad
From India, Hyderabad
You will complete the mandatory 5 years period on 6th February, 2016. You will be eligible for Gratuity if you resign on or after 6th February, 2016, provided you have worked for minimum 190 days during each year (365 days period).
From India, Kolkata
From India, Kolkata
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Surendra_Kumar_ Verma_Etc_vs_Th e_Central_Gover nment_on_23_Sep tember_1980 Gratuity payable 4 years.pdf
Gratuity Form I.doc