dear all,
we are an organisation covered as pvt. ltd company since 2008. we want to start gratuity for employees. as far as i know "gratuity is payable to employees who completes five years of continuous services in organisation". but how to start.
I have gone through the act also. can some one through some light on below points:
1. what is an insurance number referred to? is it an ESIC number or what?
2. what is an establishment of an approved gratuity fund?
do an organisation need to register with any controlling authority for the same. please guide me.
regards,
we are an organisation covered as pvt. ltd company since 2008. we want to start gratuity for employees. as far as i know "gratuity is payable to employees who completes five years of continuous services in organisation". but how to start.
I have gone through the act also. can some one through some light on below points:
1. what is an insurance number referred to? is it an ESIC number or what?
2. what is an establishment of an approved gratuity fund?
do an organisation need to register with any controlling authority for the same. please guide me.
regards,