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Articles for Gratuity, search results for 30

Gratuity Serves As Retirement Benefit Ensuring Immediate Financial Support, Cannot Be Paid In Installments: Kerala High Court
1 week ago

Gratuity Serves As Retirement Benefit Ensuring Immediate Financial Support, Cannot Be Paid In Installments: Kerala High Court

Live Law  

The Kerala High Court bench of Justice Murali Purushothaman held that gratuity could not be paid in instalments as the purpose of gratuity is to serve as a retirement or terminal benefit ensuring immediate financial support to the employees or their dependents. “The law does not provide for payment of gratuity in installments as the purpose of gratuity is to …

Financial Court Gratuity Pay Immediate Financial Support
7th Pay Commission: 25% Increase In Gratuity Due To Da Hike Kept On Hold; Know Why?
7 months ago

7th Pay Commission: 25% Increase In Gratuity Due To Da Hike Kept On Hold; Know Why?

News 18  

7th Pay Commission DA Hike: Retirement fund body Employees’ Provident Fund Organisation has announced to keep in hold its previous circular on the hike on retirement gratuity and death gratuity by 25 per cent consequent to the hike in Dearness Allowance. 38/3712016-P&PW dated 04.08.2016 issued by Deartment of Pension and Pensioners’ Welfare, Ministry of Personnel, Public Grievances and Pensions, Government …

India Retirement Death Gratuity Pay Hike Lakh
Hike in gratuity limit, term insurance cover: Centre approves measures for LIC agents, employees
1 year, 3 months ago

Hike in gratuity limit, term insurance cover: Centre approves measures for LIC agents, employees

India TV News  

The Ministry of Finance on Monday approved a series of welfare measures aimed towards the benefit of Life Insurance Corporation of India agents and employees including enhancement of gratuity limit and expansion of term insurance coverance. Over 13 lakh LIC agents and more than 1 lakh regular employees will benefit from the newly-announced welfare measures, according to an official release. …

Agents Lic Lic Agents Gratuity Limit
Weekly Digest Of IBC Cases: 13 February To 19 February 2023
1 year, 10 months ago

Weekly Digest Of IBC Cases: 13 February To 19 February 2023

Live Law  

NCLAT Partial Payment Of PF & Gratuity Dues Violative Of Section 30 Of IBC: NCLAT Chennai Reiterates Case Title: Mrs. C.G. 924 of 2022 The National Company Law Appellate Tribunal, Principal Bench, comprising of Justice Ashok Bhushan and Mr. Barun Mitra, has held that an application under Section 9 of IBC is not a suit and hence, the bar under …

Law Court Gratuity Bank Company Held Nclt
Partial Payment Of PF & Gratuity Dues Violative Of Section 30(2)(E) Of IBC: NCLAT Chennai Reiterates
1 year, 10 months ago

Partial Payment Of PF & Gratuity Dues Violative Of Section 30(2)(E) Of IBC: NCLAT Chennai Reiterates

Live Law  

The National Company Law Appellate Tribunal, Chennai Bench, comprising of Justice M. Venugopal and Ms. Shreesha Merla, while adjudicating an appeal filed in Mrs. C.G. The Bench held that the approved resolution plan violated Section 30 of IBC, by paying only 35.13% of the PF and Gratuity dues and thus treating the workmen/employees as Secured Creditors. Contention Of Appellants The …

Corporate Resolution Gratuity Payment Provident Fund Resolution Plan Tribunal
What To Do If Your Company Stops Providing You With Entitled Gratuity
1 year, 11 months ago

What To Do If Your Company Stops Providing You With Entitled Gratuity

News 18  

You are entitled to gratuity by your company if you have worked there for 4 years, 240 days, some part of which is deducted directly from CTC. The company must pay you the sum of gratuity even if you leave after the stipulated period. However, in some cases, the company may create problems with paying the gratuity. Your employer must …

Pay Company Your Employer Employer Your Company Entitled Gratuity
Central Govt Employees: Big Jump in Salary; DA, PF, Gratuity to Increase from July
3 years, 5 months ago

Central Govt Employees: Big Jump in Salary; DA, PF, Gratuity to Increase from July

News 18  

The Finance Ministry has recently issued an order to implement the Union Cabinet decision to hike Dearness Allowance for central government employees from July 1. Let’s take a look at the recent changes that central government employees must know 1) To provide some relief amid coronavirus pandemic, the Union government has surged the dearness allowance to 28 per cent from …

Employees Central Cent Allowance Central Government Employees Dearness Allowance Dearness