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Download the PDF file of the Payment of Gratuity Act, 1972, which provides for a scheme for the payment of gratuity to employees in various establishments in India. The file contains the arrangement of sections, definitions, eligibility, calculation, recovery, penalties and other provisions of the Act.
Learn about the Indian law that makes companies pay a one-time gratuity to retired or resigning employees after 5 years of service. Find out the eligibility, calculation, and maximum limit of gratuity under this act.
Find the full text, rules, notifications and amendments of the Payment of Gratuity Act, 1972, which provides for a scheme of gratuity to employees in various establishments. Learn about the eligibility, calculation, payment and recovery of gratuity under this act.
The Act provides for payment of gratuity to employees of certain establishments at the rate of 15 days wage for each completed year of service. The Act is applicable to factories, mines, plantations, ports, railways, motor transport undertakings, companies, and shops and other establishments employing 10 or more workmen.
A PDF document of the full text of the Act that provides for a scheme of gratuity to employees in various establishments in India. It includes definitions, eligibility, calculation, payment and other provisions of the Act.
Jury: 2, 1975/ Jya(stha 12, 1897 (Saka) The following translation in Hindi of the Payment of Gratuity Act, 1972, is hereby published under the authoiity of the President and shall be deemed to be the authoritative text thereof in Hindi under clause (a) of sub-section (.1 of section 5 of the Official Languages Act, 1963 ( l9 of 1963) :- -.
The employer must pay gratuity based on 15 days ‘wages for each completed year of service (or part thereof exceeding six months), calculated at the rate of the employee’s last drawn wages.
