Payment of Gratuity Act 1972
HR Department and HR Training is giving too much importance to Gratuity Concept.
Because it is Loyalty : Retirement : and Long Service Merit Benefit.
Rules Regulations Scope Coverage and Limitations this is a basic knowledge of Gratuity : Group Gratuity is a Scheme.
It is normally Tie up with LIC.
Fundamentals questions Normally we have to face at the time Interview. As follows :
- What is Gratuity?
- How many years are required to be eligible for gratuity?
- What are the provision?
- When it is mandatory for an employer to give gratuity to his employee?
- Explain in short rules of gratuity?
- What is group gratuity scheme?
- With whom gratuity is tied up?
- Is gratuity taxable?
- How to calculate gratuity(formula)?
- What are important forms of gratuity?
- Which forms stands for what?
- What is death claim?
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Email :- midmpune@gmail.com / midm@midm.co.in