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According to the Online Etymology Dictionary, the meaning "give a small present of money" began around 1600, and the meaning "give a gratuity to" is first attested in 1706. [9] [10] The noun in this sense is from 1755. The term in the sense of "to give a gratuity" first appeared in the 18th century.
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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 Consultative Assembly (Arabic: مجلس الشورى; transcription: Majlis al-Shura) is the lower house of the Council of Oman. It is the only legislative body in Oman of which all members are democratically elected. The other chamber of the parliament is the Council of State (Majlis al-Dawla). The assembly consists of 90 elected members.
Oman's 10th five-year plan (2020–2025) is the first implementation plan of Vision 2040, [25] and will focus its efforts towards achieving economic diversification. [26] The plan for economic diversification aims to move Oman away from the oil-and-gas-based sources of income, and has earmarked five sectors that have high growth potential and ...
Online calculation of interest and rate indicators with different day count conventions, created by SIX Swiss Exchange. Pricing of Game Options (in a market with stochastic interest rates) - Section Chapter II: A Little Bit of Finance, Section 1: Brief introduction to Financial Securities, from pages 26 to 33, formally mention day count ...
Oman has become the third Gulf Arab state, after Bahrain and Kuwait, to have a general federation of trade unions. [ 2 ] The International Trade Union Confederation 's (ITUC) Annual Survey on Trade Union Rights Violations for 2009 reported serious problems for large parts of the country’s workforce, especially migrant workers in construction ...
The Ministry of Awqaf and Religious Affairs (MARA) is the governmental body in the Sultanate of Oman responsible for overseeing all matters related to awqaf and religious affairs. The current Minister of Awqaf and Religious Affairs is Mohammed bin Said bin Khalfan Al Mamari, [1] [2] he was appointed as minister in the year 2022. [3]