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Research Results For "Compulsory Insurance Is Required As Per Gratuity Act" - Page 1

Karnataka Compulsory Gratuity Insurance Rules, 2024 - Required To Obtain A Valid Insurance Policy (410) (17/Jan/2024)
The Government of Karnataka on 10th January 2024 notified regarding the Karnataka Compulsory Gratuity Insurance Rules 2024. The rules are made under the powers conferred by the Payment of Gratuity Act 1972. The rules primarily focus on compulsory insurance for the payment of gratuity to eligible employees. New employers and...
Seniors participating: 1, Total participants: 2, View average: 6.6762

Karnataka Compulsory Gratuity Insurance Rules - Posing Challenges For MSME? (181) (18/Apr/2024)
Is company obligated to procure insurance under the Karnataka Compulsory Gratuity Insurance Rules of 2024 if only four employees have completed their five year of service considering insurance companies might not provide coverage for such a small number of employee posing challenges for ...
Seniors participating: 2, Total participants: 3,

Gratuity - Is It Mandatory To Book Provision Of Gratuity On Yearly Basis? (631) (23/Mar/2018)
Every Employer shall obtain an insurance for his liability towards payment of gratutity under section 4A of payment of Gratutity Act 1972 form LIC or other prescribed insurance company. Section 4A is given below in details. 4A. 1 With effect from such date as may...
Seniors participating: 1, Total participants: 2, View average: 1.8543

Elaborate On Compulsory Gratuity Insurance | Karnataka Rules 2024 (106) (29/Jan/2024)
Dear All Please help or elaborate on Compulsory Gratuity Insurance Karnataka Rules 2024...
Seniors participating: 1, Total participants: 3, View average: 2.8936

Is It Necessary To Have An Insurance Scheme For Payment Of Gratuity? (128) (11/Dec/2017)
Dear friend It is a statutory obligation on the part of every employer to have compulsory insurance u/s 4 A of the Payment of Gratuity Act1972 in respect of gratuity payable to his employees. For complete details see the thread 3565 entitled Group Gratuity Scheme. In the absence of Insurance...
Seniors participating: 1, Total participants: 2, View average: 0.2875

Is Providing Gratuity To Employees Compulsory, If Pf Act Is Already Applicable In The Company (214) (02/Aug/2019)
Dear friend Provident Fund Pension and Gratuity are the " Triple Terminal Benefits of Employment". Therefore the statutory application of the EPF Act1952 or the voluntary extension of such/similar benefit by the employer can not take away his obligation to pay gratuity to his employees on termination of their employment...
Seniors participating: 1, Total participants: 3, View average: 0.8593

Employee Transfer Within Group Company- Compulsory Documentation Required To Be Done To Ensure Gratuity Benefits From Date Of Joining At First Location (289) (28/Feb/2022)
Dear HRs An employee is transferred from one location to another within same group organization. He covered under Group Gratuity Scheme from LIC. Please help me with the formalities to be done at employer s / LIC end to ensure continuity of his eligibility for Gratuity benefits from date of...
Seniors participating: 2, Total participants: 3, View average: 1.6431