Author: Savithri Subramanian

Gratuity is a lump sum that a company pays as one of the many retirement benefits offered by a company to an employee. The Payment of Gratuity Act was passed by the Parliament of India on 21st August 1972 and it came in force from 16th September 1972. PAYMENT OF GRATUITY According to the Payment of Gratuity Act, 1972, an employee is eligible […]

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