top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

Facebook Login
Site Registration

What happens to the gratuity amount if the employee leaves a company before 4 years and 240 days?

+1 vote
24 views
What happens to the gratuity amount if the employee leaves a company before 4 years and 240 days?
posted Mar 22 by Anita Yadav

Share this question
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

1 Answer

0 votes

As per norms, gratuity is payable only after completion of 4 years and 8 months.

But usually, organizations mandate it to 5 years, anyone leaving the organization before that is not eligible for the gratuity. And as it is as per Act you won’t be able to challenge the same. But If a Person leaves organization due to the health issue. Then there is no mandated time period is mentioned. That is if the person is unfit to work or suppose a person is no more then the above time period doe not apply.

answer Mar 23 by Naveen Kumar
Similar Questions
+1 vote

Hello, I have given a website designing work to a company.
The total project cost is INR 30,000 and it will be executed in 3 phases(10K for each phase). The first phase is completed, I have paid 10,000 + GST (18%) i.e. 1800 for this phase. Then, the company is asking for the whole GST amount although the project is not completed yet, only first phase is done. They are saying that they would need to pay the whole GST amount to Govt. in the beginning.
Moreover, still the invoice is not raised as the project is not completed.

I don’t have any idea about GST, but as per common sense I think they are bluffing. How could they would need to pay taxes for the amount which is not received at their bank account?

Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...