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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.
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]
any Act of a Legislature subject to the condition that such Act is reproduced or published together with any commentary thereon or any other original matter; the report of any committee, commission, council, board or other like body appointed by the government if such report has been laid on the Table of the Legislature, unless the reproduction ...
Newspapers (Price Control) Act: 1972: 15 Departmental Inquiries (Enforcement of Attendance of Witnesses and Production of Documents) Act: 1972: 18 Architects Act: 1972: 20 Taxation Laws (Extension to Jammu and Kashmir) Act: 1972: 25 National Service Act: 1972: 28 Delhi Lands (Restriction on Transfer) Act: 1972: 30 Payment of Gratuity Act: 1972: 39
This is a category of articles concerning acts of Parliament (laws enacted by the Parliament of India in 1972). For more general discussion of Indian legal topics, see Category:Law of India and its other subcategories.
Indian Bar Council (Tamil Nadu Amendment) Act, 1954; The Agriculturists' Loans (Tamil Nadu Amendment) Act, 1935; The Bar Councils and Legal Practitioners (Tamil Nadu Amendment) Act, 1947; The Bhavani Reservoir Irrigation Cess Act, 1933; The Cattle-Trespass (Tamil Nadu Amendment) Act, 1957; The Code of Civil Procedure (Tamil Nadu Amendment) Act ...
Amendment to negate judicial pronouncements on scope and applicability on Sales Tax. Zail Singh: 47th: Amend schedule 9. [55] 26 August 1984 Place land reform acts and amendments to these act under Schedule 9 of the constitution. 48th: Amend article 356. [56] 1 April 1985 Article 356 amended to permit President's rule up to two years in the ...
It is an act to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, ports, plantations, shops or other establishments and for matters connected therewith or incidental thereto. [100]