Employers’ Guide to Compliance with the Payment of Gratuity Act to Avoid Legal Issues
Complying with the Payment of Gratuity Act, 1972, is crucial for employers to avoid legal pitfalls and penalties. The Act requires employers to provide a lump sum gratuity payment to employees as a reward for their long-term service, ensuring financial security at retirement or in other circumstances like resignation or disablement. To stay compliant, employers […]
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