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In India, gratuity is a type of retirement benefit. It is a payment made with the intent of monetarily helping an employee after his or her retirement. It was held by the Supreme Court of India in Indian Hume Pipe Co Ltd v Its Workmen that the general principle underlying a gratuity scheme is that by service over a long period the employee is entitled to claim a certain amount as a retirement ...
The Payment of Gratuity Act 1972 applies to establishments with 10 or more workers. Gratuity is payable to the employee if he or she resigns or retires. The Indian government mandates that this payment be at the rate of 15 days salary of the employee for each completed year of service subject to a maximum of ₹ 2000000. [24]
The Trade Unions Act 1926 provided recognition and protection for a nascent India In 1997, India had about 59,000 trade unions registered with the government of India. [30] Of these only 9,900 unions filed income and expenditure reports and claimed to represent 7.4 million workers.
Digital Payment Infrastructure — Multiple 2016 Financial Inclusion Encourages digital transactions through platforms like UPI, RuPay, and FASTag. It is a part of India’s strategy to create a cashless economy, improving financial inclusion and transparency while reducing reliance on cash-based transactions. PM Ujjwala Yojana (PM Lighting ...
2 Regional Hindi news channels. ... DD News; ET Now Swadesh; Good News Today; India News; India TV; Jan TV; Live India; NDTV India; News18 India; News 24; News Nation ...
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Luigi Mangione, the man accused of gunning down UnitedHealthcare CEO Brian Thompson, will waive extradition to New York when he appears in court in Pennsylvania on Thursday, his attorney said ...
DD News is an Indian state-owned Hindi news television channel, founded by the Government of India, owned by the Ministry of Information and Broadcasting. It is the flagship channel of Doordarshan . India 's only 24-hour terrestrial TV news channel broadcasting solely in Hindi , and formerly in English .