Dear All,
I am working in a software service Indian-based Pvt Limited company. From the date of joining until now, the Employer never revealed gratuity benefits in my offer letter or appreciation letter for 4 years, nor did they deduct it, but they are deducting PF. Now, I am about to complete 5 years of experience with the company. As per the rule, if a Pvt Ltd company has more than 10 employees, the Pvt Limited company is mandated to give gratuity to employees who have completed 5 years.
My doubt is, until this Pvt Limited company declares officially, will it be applicable, or should Pvt Limited companies basically grant gratuity benefits? Please clear my doubt.
Thank you.
From India, Madras
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I am working in a software service Indian-based Pvt Limited company. From the date of joining until now, the Employer never revealed gratuity benefits in my offer letter or appreciation letter for 4 years, nor did they deduct it, but they are deducting PF. Now, I am about to complete 5 years of experience with the company. As per the rule, if a Pvt Ltd company has more than 10 employees, the Pvt Limited company is mandated to give gratuity to employees who have completed 5 years.
My doubt is, until this Pvt Limited company declares officially, will it be applicable, or should Pvt Limited companies basically grant gratuity benefits? Please clear my doubt.
Thank you.
From India, Madras
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Gratuity Disclosure and Employee Rights
Whether the company will not disclose, declare, or reveal information about the payment of gratuity, which is a statutory benefit accrued to an employee at the time of leaving the organization after completion of 5 years. No deductions are required.
Regards
From India, Delhi
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93Whether the company will not disclose, declare, or reveal information about the payment of gratuity, which is a statutory benefit accrued to an employee at the time of leaving the organization after completion of 5 years. No deductions are required.
Regards
From India, Delhi
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Procedure-of-Re gistration-of-N ew-Pvt-Ltd-Comp any[1].pdf
Flexi Benefits Plan.doc