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The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service.
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 eligibility criteria were relaxed in 1947 to also allow the award of the medal to officers who had served a minimum period in the ranks before being commissioned. [ 1 ] [ 2 ] [ 3 ] Since 2016, the eligibility was widened to include officers who had never served in the ranks, and so the medal can now be awarded to all regular members of the ...
The Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA, Pub. L. 103–353, codified as amended at 38 U.S.C. §§ 4301–4335) was passed by U.S. Congress and signed into law by U.S. President Bill Clinton on October 13, 1994 to protect the civilian employment of active and reserve military personnel in the United States called to active duty.
Mysterious drone sightings haven't gone away, and neither are the calls for answers.. Since last month, reports of the uncrewed aerial vehicles have escalated across several eastern states ...
(Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday for allegedly misleading customers about order fees, adding restaurants to ...
Agnipath Scheme [1] (also spelled Agneepath Scheme) (Hindi: Agnīpath Yojanā, transl. Agnipath [Fireway] Scheme) is a tour of duty style scheme approved by the Government of India on 14 June 2022 and implemented in the country a few months later in September 2022, for recruitment of soldiers below the rank of commissioned officers into the three services of the armed forces. [2]