Partner at D P S A &... • 1y
Attention, Companies! 🔉 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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Attention! 🚨 Got 10+ employees in your business or work for such a company? Don’t let gratuity rules slip through the cracks! Stay compliant, avoid penalties, and protect your rights. 💼✨ During audits, we often spot gratuity rules being overlooked
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#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 service within a company. In simple terms, an employee is considered to be in continuous
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Startup Recognition in India ' (under DPIIT – Department for Promotion of Industry and Internal Trade) 🎁 . Benefits After DPIIT Recognition: Tax exemption for 3 years under section 80IAC. Exemption from Angel Tax under section 56(2)(viib). Easie
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