Want to know about Gratuity payment. If gratuity is mentioned in the CTC and employee completed only 3 years of service and resigned. Can gratuity be paid at the time of full and final ?
From India, Mumbai
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2From India, Mumbai
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The company is mentioning gratuity in CTC only for costing purposes. Whether it is mentioned in the appointment order or not, an employer employing 10 or more persons is bound to pay gratuity to an employee upon their relieving after a continuous service of not less than five years. In the above case, gratuity is not payable.
Regards,
Varghese Mathew
From India, Thiruvananthapuram
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Regards,
Varghese Mathew
From India, Thiruvananthapuram
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Dear Swati,
Gratuity Payment Eligibility
Payment of gratuity is linked to the basic condition of continuous completed service of 5 years in the same organization. The condition of continuous service is exempted only in the following situations:
1) On an employee's death or permanent disablement due to an accident or disease.
An employee who has worked for 3 years shall not be eligible for gratuity, but the same can be shown in CTC for the purpose of future calculations. Therefore, it shall not be paid at the time of F&F if the basic condition of 5 years is not fulfilled.
Regards,
[Email Removed For Privacy Reasons]
From India, New Delhi
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Gratuity Payment Eligibility
Payment of gratuity is linked to the basic condition of continuous completed service of 5 years in the same organization. The condition of continuous service is exempted only in the following situations:
1) On an employee's death or permanent disablement due to an accident or disease.
An employee who has worked for 3 years shall not be eligible for gratuity, but the same can be shown in CTC for the purpose of future calculations. Therefore, it shall not be paid at the time of F&F if the basic condition of 5 years is not fulfilled.
Regards,
[Email Removed For Privacy Reasons]
From India, New Delhi
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Less than 5 years service - Eligibility for payment of gratuity.pdf
Payment of Gratuity Act, 1972 & The Rules.ppt
THE PAYMENT OF GRATUITY ACT 1972.doc