The Payment of Gratuity (Central) Rules, 1972 PDF

PDF Name	The Payment of Gratuity (Central) Rules, 1972
No. of Pages	88
PDF Size	0.35 MB
Language	English
Tags	Indian Acts and Rules
PDF Category	Government
Source / Credits	hrylabour.gov.in
Uploaded By	Pradeep

The Payment of Gratuity (Central) Rules, 1972 - Summary

Gratuity is an essential benefit plan offered by employers to individuals who have consistently worked for 5 years or more. This monetary incentive is typically provided at the time of retirement, making it easier for employees to transition smoothly into the next phase of their lives. This article discusses The Payment of Gratuity (Central) Rules, 1972, helping you understand this crucial aspect of employee rights. You can also download the Payment of Gratuity (Central) Rules, 1972 PDF for detailed insights.

The Payment of Gratuity (Central) Rules, 1972 – Summary

According to the Payment of Gratuity Act of 1972, an employee becomes entitled to gratuity after working for the same employer for a minimum of 5 years. Gratuity eligibility applies in several situations, including:

Upon retirement
In case of resignation or superannuation

It’s important to note that there are exceptions to the five-year rule. In certain cases, employees may be eligible for gratuity without having to meet the full five-year tenure requirement.

Rules Under The Payment of Gratuity (Central) Rules, 1972

There are specific guidelines that must be followed regarding gratuity payments.

Once an employee qualifies for gratuity, they need to submit their application within 30 days from the date when the gratuity is due. If the retirement date is known, employees can even apply before this 30-day period.

Employers are obligated to respond with the amount due and the payment date within 15 days of receiving the application. Following this, the gratuity payment should be made within 30 days from the date the application is received.

For comprehensive details, don’t forget to download the Payment of Gratuity (Central) Rules, 1972 PDF using the link below. Gather all the essential information about these important rules to aid your understanding. 📄

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