Partner at D P S A &...ย โขย 1y
#2nd part The Payment of Gratuity Act, 1972 !First part posted on 10-Apr-2024 Gratuity is given to employees who have rendered at least five years continuous ย service within a company. In simple terms, an employee is considered to be in continuous service if they have worked without any breaks for a certain period. This includes times when they might have been absent due to reasons like sickness, accidents, taking leave, or being absent from work without permission. It also covers situations like being laid off, participating in a strike, or experiencing a lockout or work stoppage not caused by the employee's fault Lets test our knowledge๐ The Payment of Gratuity Act, 1972 extends its provisions to employees working in factories, mines, shops, companies and other establishment
Partner at D P S A &...ย โขย 1y
Attention, Companies! ๐ It's crucial to ensure the proper booking of Gratuity provisions in your books. Today, let's delve into the topic of Applicability. The Payment of Gratuity Act, 1972 extends its provisions to employees working in factories,
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OpenAIย โขย 11m
Over 400+ ex-Dunzo employees left in financial limbo for 14+ months. Key issues: Layoffs: ~80 (Jan), >300 (Apr), >200 (Jul 2023) Delayed/capped salaries at 75K for remaining staff Missed payment deadlines (Aug 2023 - Jul 2024) No FORM-16, complica
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