Sir, thank you for the response and clarification. I have a few more queries. I have been on garden leave for the last 2 months following a verbal teleconference with the head of the department. In the conference, it was mentioned that my position was being made redundant on a Friday evening, and I was asked to go on leave immediately starting from the following Monday, a decision I strongly opposed. I am attempting to settle this amicably, but clarity is lacking as they have not confirmed details regarding severance pay, leave settlement, PF/Gratuity, and applicable taxation.
I have also requested a Voluntary Retirement Scheme (VRS) in accordance with the parent company's policy since I have only 1 year of service left and a remaining balance of 150 days of privilege leave. Opting for the VRS would be advantageous from a tax perspective, but I have not received any response on this matter. The company is maintaining its stance and has not even approved the 20 days of eligible privilege leave. I have neither officially resigned nor have they provided me with a severance letter in writing.
Please advise on the legal options available in this situation. In the meantime, they have hired a manager with less experience and expertise.
Best Regards,