The Payment of Gratuity (Central) Rules, 1972 PDF

The Payment of Gratuity (Central) Rules, 1972 PDF Download using the direct download link

80 People Like This
REPORT THIS PDF ⚐

The Payment of Gratuity (Central) Rules, 1972 PDF Download in for free using the direct download link given at the bottom of this article.

The Payment of Gratuity (Central) Rules, 1972

Gratuity is a specified benefit plan offered by the employer to the individual for delivering services consistently for 5 years or more.

It is a monetary incentive generally granted at the time of retirement.

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

As per the Payment of Gratuity Act of 1972, an employee is entitled to gratuity if he has worked for the same company for at least 5 years. The employee is entitled to the following gratuity:

  • Upon his retirement
  • Resignation or Superannuation

However, there is an exemption when the need for continued employment with an organization for five years does not apply.

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

Certain restrictions must be observed while making a payment.

According to the guidelines, once an employee becomes eligible for gratuity, he must apply within 30 days after the day the gratuity becomes due. Furthermore, if the date of retirement is known, the application can be submitted before the 30-day deadline.

Within 15 days of receiving an application, an employer must indicate the amount due and the payment date. The payment must be made within 30 days of the application’s receipt.

Download the Payment of Gratuity (Central) Rules, 1972 PDF following the link given below and collect all the information about the rules.

PDF's Related to The Payment of Gratuity (Central) Rules, 1972

The Payment of Gratuity (Central) Rules, 1972 PDF Download Link

REPORT THISIf the download link of The Payment of Gratuity (Central) Rules, 1972 PDF is not working or you feel any other problem with it, please REPORT IT by selecting the appropriate action such as copyright material / promotion content / link is broken etc. If The Payment of Gratuity (Central) Rules, 1972 is a copyright material we will not be providing its PDF or any source for downloading at any cost.

RELATED PDF FILES

Leave a Reply

Your email address will not be published. Required fields are marked *