In the pvt ltd company, If employee gave voluntary resignation and he complete his 4year,11month,29days job in the company; at that time he is liable to get gratuity or not???
From India, Vapi
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From India, Vapi
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Dear Dipu, The employee is entitled for a gratuity. With regards, Madhusudan
From India, Vijayawada
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43From India, Vijayawada
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Yes, sir, he will get gratuity because in the 5th year of his service, he is completing 11 months and 29 days of service. If you refer to the "Continuous Service" clause under the Payment of Gratuity Act, you will find that in the 5th year, he is completing 240 days of service with the company.
Regards,
A.K. Hati
From India, Kolkata
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Regards,
A.K. Hati
From India, Kolkata
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Gratuity Eligibility in a Private Limited Company
As a part of a private limited company, an employee has been working for 4 years, 11 months, and 29 days. Meeting this criterion is essential. However, if the employee does not work a minimum of 240 days per annum, this condition does not apply to the Gratuity Act. Therefore, you need to verify the number of working days for Gratuity Act compliance.
Regards,
Dipal Patel
From India, Ahmadabad
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As a part of a private limited company, an employee has been working for 4 years, 11 months, and 29 days. Meeting this criterion is essential. However, if the employee does not work a minimum of 240 days per annum, this condition does not apply to the Gratuity Act. Therefore, you need to verify the number of working days for Gratuity Act compliance.
Regards,
Dipal Patel
From India, Ahmadabad
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