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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.
It is a freeware program, [3] which converts video files from one video format to another, mainly to (Windows default) AVI format. [4] AVI format support is better than in other (MP4/WebM etc.) DVDVideoSoft converters. Free Video Converter is distributed as a part of Free Studio and as a separate download. [3] [5] The software is developed by ...
This law applies to all establishments employing 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 ₹ 10,00,000.
Leaving some change on the restaurant table is one way of giving a gratuity to the restaurant staff. 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.
Sep 18, 2024; St. Louis, Missouri, USA; St. Louis Cardinals third baseman Nolan Arenado (28) hits a one run single against the Pittsburgh Pirates during the third inning at Busch Stadium.
Companies will soon focus on customizing AI solutions for specific needs, Cohere's CEO says. AI 2.0 will "help fundamentally transform how businesses operate," he wrote. Major AI companies like ...
The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
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