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Which of the following statements are true/false?
1. Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for not less than five years.
2. Each employee, who has completed one year of service, shall make nomination for the purpose of receiving gratuity.
3. For every completed year of service in excess of six months, the employer shall pay gratuity to an employee at the rate of fifteen day's wages based on the rate of wages last drawn by the employee concerned.
4. An employer who contravenes, or makes default in complying with, any of the provisions of the Payment of Gratuity Act shall be punishable with imprisonment for a term which may extend to one year, or with fine which may extend to twenty thousand rupees, or with both.
An employee retires from a factory after putting in 28 (twenty eight) years of service. The last wages drawn by him per month before retirement was Rs. 39,000. What is the amount of gratuity to be paid by his employer under the Payment of Gratuity Act, 1972?
A worker retires from a factory after putting in twenty years of continuous service. His last monthly wages drawn was Rs. 45,500. What is the amount of gratuity the worker is entitled to under the payment of Gratuity Act, 1972.
Which of the following statements are true/false?
1. In case an employee whose minimum rate of wages is fixed under this Act, works overtime, the employer need not pay the money for the extra hours devoted by the employee.
2. If an employee whose minimum rate of wages has been fixed under this Act, works for a less number of hours than the requisite number of hours on a given day, he shall be entitled to receive wages in respect ofwork done by him on that day as ifhe had worked for a full normal working day.
3. In case an employee is involved in two or more classes of work, he shall be paid on the basis of pieces involved.
4. If an employee is employed on piece work for which minimum time rate and not a minimum piece rate has been fixed under this Act, the employer shall pay to such employee wages at not less than the minimum time rate.
As per the provisions of the Payment of Gratuity Act, 1972, an employee working in a seasonal establishment shall be deemed to be in continuous service if he has served for not less than
An employee needs to complete how many years of service before filing for nominees under the Payment of Gratuity Act, 1972?
Which of the following is correct in context of Minimum Wages Act, 1948?
1. In case an employee whose minimum rate of wages is fixed under this act, works overtime, the employer is bound to pay the money for the extra hours devoted by the employee.
2. In case an employee is involved in two or more classes of work, he shall be paid on the piece basis.
3. If an employee is employed on piece work for which minimum time rate and not a minimum piece rate has been fixed under this act, the employer shall pay to such employee wages at not less than the minimum time rate.
Which of the following formulae is taken for calculating the gratuity for an employees under the Payment of Gratuity Act, 1972?
Under the provisions of the Payment of Gratuity Act, 1972, employees working in a seasonal establishment and who have not been employed throughout the year, the employers shall be paid gratuity at the rate of
For a person employed in a seasonal establishment, what is the rate of gratuity payable under the Payment of Gratuity Act, 1972?