I would like to terminate a manager who work in my company more 5 years. I found out the Industrial Disputes Act 1947 has excluded workmen who work under managerial capacity. Any law is governing retrenchment?
Further i need to pay gratuity payment under Payment of Gratuity Act 1972 if his basic salary is 1.5 lahks?
Thanks
Further i need to pay gratuity payment under Payment of Gratuity Act 1972 if his basic salary is 1.5 lahks?
Thanks