Dear Sir,
Our establishment have 5 workers. We are into job work for third party. Out of them 1 is 1.5 year old and 4 are 10 years old. Now i want to discontinue our manufacturing operations. What are my liabilities for retrenchment? Can you please guide me that in addition to 1 month notice pay is my establishment liable to pay 15 months pay for each completed year of service also. As my impression is we being small factory Gratuity is not applicable to us? Kindly guide me.
With Best Regards
Our establishment have 5 workers. We are into job work for third party. Out of them 1 is 1.5 year old and 4 are 10 years old. Now i want to discontinue our manufacturing operations. What are my liabilities for retrenchment? Can you please guide me that in addition to 1 month notice pay is my establishment liable to pay 15 months pay for each completed year of service also. As my impression is we being small factory Gratuity is not applicable to us? Kindly guide me.
With Best Regards