The rules and regulations being prescribed in Gratuity Act 1972 need to be amended from time to time and Labour Ministry tries to provide full justice by making amendments to the above act, in the national Parliament. Protection of gratuity.—No gratuity payable under this Act 39 [and no gratuity payable to an employee employed in any establishment, factory, mine, oilfield, plantation, port, railway company or shop exempted under section 5] shall be liable to attachment in execution of any decree or order of any civil, revenue or criminal court. Fraud b. Riotous or violent behaviour while on the premises c. Theft, misappropriation or sabotage of any property of the establishment d. All of the above View Answer / Hide Answer . 39 OF 1972 [21st August, 1972.] [31st March, 1983.] Labour Law MCQ Payment Of Gratuity Act 1972 Test. Gratuity is the part of the salary that is received by the employee for the services rendered by the employees in an organization. Company … Payment of Bonus Act, 1965 - MCQs with answers - Part 2 1. 2. The Parliament has passed Payment of Gratuity (Amendment) Bill, 2017 to empower government to fix period of maternity leave and tax-free gratuity amount with an executive order. 9. It extends to the whole of India. No comments. Trade Dispute Act, 1929. b. Parliament passes Payment of Gratuity (Amendment) Bill, 2017. • ii . Once a person works for more than 5 years in an organisation, he/she becomes eligible to receive gratuity. One thought on “ PAYMENT OF GRATUITY ACT, 1972 ” Ratna mishra says: Great experience while solving. Gratuity is payable to an employee on i) superannuation, ii) resignation and iii) death/ disablement. The Payment of Gratuity Act, 1972 is an act that provides a scheme for the payment of gratuity to employees working in railways, ports, factories, oilfields, plantations, mines, shops or other establishments and for matters connected therewith or incidental thereto. Complete Penalties - Payment of Gratuity Act(1972), Industrial Laws B Com Notes | EduRev chapter (including extra questions, long questions, short questions, mcq) can be found on EduRev, you can check out B Com lecture & lessons summary in the same course for B Com Syllabus. Required fields are marked * Comment . a. c. 1972. d. 1991. Income Tax Department > Tax Laws & Rules > Acts > Payment of Gratuity Act, 1972 Income Tax Department > All Acts > Payment of Gratuity Act, 1972 Choose Acts: Section No. Eligibility: Any person employed on wages / salary. Payment of Gratuity Act, 1972 Section: 3 Controlling authority The appropriate Government may, by notification, appoint any officer to be a controlling authority, who shall be responsible for the administration of this Act and different controlling authorities may be appointed for different areas. Before the Controlling Authority under the Payment of Gratuity Act, 1972. On 21-August-1972 both houses of Parliament passed the Payment of Gratuity Bill and received the assent of the President of India. First is the Payment of Gratuity Act, 1972 which is a central Act (hereinafter referred as “the Act of 1972”). The Payment of Gratuity Act,1972 was enacted with sole objective of providing gratuity i.e., a monetary award given for services rendered to the employees working in the factories, oilfields, mines, plantations, railway companies, shops or other establishments upon their superannuation (e.g.,old age retirement amount,etc. Section 13 in The Payment of Gratuity Act, 1972 13. Payment of Gratuity Act. EduRev is like a wikipedia just for education and the Penalties - Payment of Gratuity Act(1972), Industrial Laws B … Leave a Reply Cancel reply. Where an employee’s resignation has not been accepted, then that employee is not eligible to claim gratuity. BE it enacted by Parliament in the Twenty-third Year of the Republic […] (In the case of plantations and ports, it shall not extend to the state of Jammu and Kashmir).It came into effect from 16th September 1972.; Important points: Date Between [Name in full of the applicant with full address] and [Name in full … The Payment of Gratuity Act has been amended from time to time to bring it in tune with the prevailing situation. PAYMENT OF GRATUITY ACT, 1972 FQA's 1. An Act to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, Railway companies, shops or other establishments. Trade Dispute Act, 1929. 1969. The significance of this legislation lies in the acceptance of the principle of gratuity as a compulsory statutory retiral benefit. This Act may be called the Payment of Gratuity Act, 1972. To which organization gratuity is applicable? Latest Posts. Applicability. The Payment of Gratuity Act, 1972 Gratuity means a lump sum payment made by an employor as the retrial reward for his past service when his employment is terminated. Gratuity is calculated on the basis of last drawn salary and years of service. ACT NO. INDUSTRIAL LABOUR AND GENERAL LAWS ICSI MCQs 305 HR Labour Laws Dimr Edu In June 20th, 2018 - MCQs 305HR ± Labour Laws Page 1 Of … Time when Gratuity becomes payable: – As per section 4(1) of payment of gratuity Act 1972, gratuity shall be payable to an employee on termination of his employment after he has rendered continuous service of five years or more. The earliest Indian statute to regulate the relationship between employer and his workmen was _____ a. This Act provides a social security cause with it and has been enacted from the word “gratuitous”. Gratuity payments in India are governed by the rules and requirements set out in the Payment of Gratuity Act, 1972. Applicable to all companies including shops, … Under the gratuity act 1972, every establishment with more than 10 employees has to provide gratuity to its employees. While Section-4 of the soon to be erstwhile Act provided for superannuation, retirement/resignation and death/disablement as conditions that triggered payment of gratuity, Section-53 of the Code has added two additional clauses. The Payment of Gratuity Act, 1972 is largely based on Kerala Industrial Employees Payment of Gratuity Act, 1972. • ii. March 23, 2018. c) On his death or disablement* due to accident or disease. Reforms to Payment of Gratuity Act, 1972. Reply. On what grounds an employee will be disqualified from getting bonus? An Act to provide for a scheme for the payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops or other establishments and for matters connected therewith or incidental thereto. a. Labour Laws Blogspot Com. 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