mcq on payment of gratuity act, 1972

Second is the Chhattisgarh Rajya Gramin Bank (Officers & Employees)Service Regulations, 2013 (hereinafter referred as “the Regulations of 2013”). Payment of Gratuity .. As per the Gratuity Act, employer who employs ten or more than ten employees on any day of proceeding one year need to pay gratuity to his employees. PAYMENT OF BONUS ACT, 1965. View Answer. Before the Controlling Authority under the Payment of Gratuity Act, 1972. MCQ’s In Labour Laws With Answers Speak HR. The Payment of Gratuity Act has been amended from time to time to bring it in tune with the prevailing situation. 39 OF 1972 [21st August, 1972.] Be it enacted by Parliament … Payment of Gratuity Act, 1972. The Bill seeks to amend Payment of Gratuity Act, 1972 on two issues related to maternity leave and ceiling of gratuity payable to an employee. Payment of Gratuity Act. Trade Dispute Act, 1929. 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. MCQ’s on Contract Labour Act 1970 with answers. Once a person works for more than 5 years in an organisation, he/she becomes eligible to receive gratuity. 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. a) On his superannuation, or. One thought on “ PAYMENT OF GRATUITY ACT, 1972 ” Ratna mishra says: Great experience while solving. (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: Ghule Aishwarya Jeevan (2k161078) Gund Narayani Rajesh (2k161079) Jadhav Shivanjali Shantanu (2k161082) Jagtap Ankita Ajeetkumar (2k161083) Kamble Sonali Balbhim (2k161086) Kavade Shriya Ramhari (2k161088) Kulkarni Sukanya Vinod (2k161090) 2. A retrenched employee is also eligible for gratuity. Payment of Gratuity Act Current Affairs - 2020. At the time of retirement, resignation or superannuation, an employee should have rendered continuous services of not less than 5 years. [NO. March 23, 2018. What is gratuity? Applicability. d. Employees Act. 1969. ), retirement, resignation, death or disablement. This Act may be cited as the Payment of Gratuity Act… 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. PART I 1. You may also Like: Purpose and Functions of Labour Legislation. Reforms to Payment of Gratuity Act, 1972. The Payment of Gratuity Act 1972 (The Payment of Gratuity (Amendment) Act, 2018) The employee on termination of his employment from the specified establishment becomes entitled for payment of gratuity from his employer provided he has rendered continuous service of not less than five years. Name * Email * Website. This Act may be called the Payment of Gratuity Act, 1972. Latest Posts. It is provided that in so far as it relates to plantations or ports, it shall not extend to the State of Jammu and Kashmir. Gratuity is the part of the salary that is received by the employee for the services rendered by the employees in an organization. Payment of Bonus Act, 1965 - MCQs with answers - Part 2 1. Posted by CompliFact Editor on August 25, 2016. 03 Jul. The gratuity is payable on superannuation or retirement as well as on resignation of the employee. The payment of gratuity act, 1972 1. Your email address will not be published. Introduction “Gratuity” is a retirial benefit which is paid by an employer to an employee in consideration of his past services at the time of his retirement or after his death. Required fields are marked * Comment . The Payment of Gratuity Act 1972 is a social security enactment. 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. 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. In India, gratuity is a type of retirement benefit. Section 13 in The Payment of Gratuity Act, 1972 13. Eligibility of Entitlement of Gratuity – An employee irrespective of his salary is entitled to gratuity if he has worked for continuous 5 years or more. To which organization gratuity is applicable? 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. 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. View Answer. Labour Laws Blogspot Com. Gratuity is payable to an employee on i) superannuation, ii) resignation and iii) death/ disablement. When is an individual eligible to receive gratuity? 2 The Payment of Gratuity Act, 1972 1 THE PAYMENT OF GRATUITY ACT, 1972 Sec. c. Industrial Relation Act. 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. Gratuity is a statutory payment to be made by an employer to an employee rendering five or more years of continuous service in an establishment. c. 1972. d. 1991. Multiple Choice Questions Book On HRM Amp IR Amp Labour. Payment of Gratuity Act, 1972. The Payment of Gratuity Act 1972 (39 of 1972) comes into force on 16-September-1972. Reply. Application No. Gratuity payments in India are governed by the rules and requirements set out in the Payment of Gratuity Act, 1972. Under the gratuity act 1972, every establishment with more than 10 employees has to provide gratuity to its employees. Leave a Reply Cancel reply. 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. c) On his death or disablement* due to accident or disease. • ii . On what grounds an employee will be disqualified from getting bonus? On 21-August-1972 both houses of Parliament passed the Payment of Gratuity Bill and received the assent of the President of India. Fraud b. Riotous or violent behaviour while on the premises c. Theft, misappropriation or sabotage of any property of the establishment d. 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