0% found this document useful (0 votes)
175 views3 pages

Payment of Gratuity Act

The Payment of Gratuity Act of 1972 establishes statutory obligations for employers regarding gratuity payments to employees. It provides protections for employee gratuity and outlines requirements for continuous service, controlling authorities, nomination of beneficiaries, recovery of unpaid gratuity, and determining the amount owed based on length of service.

Uploaded by

Sandeep Puthal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
175 views3 pages

Payment of Gratuity Act

The Payment of Gratuity Act of 1972 establishes statutory obligations for employers regarding gratuity payments to employees. It provides protections for employee gratuity and outlines requirements for continuous service, controlling authorities, nomination of beneficiaries, recovery of unpaid gratuity, and determining the amount owed based on length of service.

Uploaded by

Sandeep Puthal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd

The Payment of Gratuity

Act,1972
Objective

• The origin of gratuity was in the


nature of a gift. It was a
gratuitous payment. The
concept of social justice altered
and made it a statutory social
obligation of the employer.
Main provisions:
• Continuous service

• Controlling Authority

• Nomination

• Recovery of gratuity

• Protection of gratuity

• Payment of gratuity

• Determination of the amount of gratuity

You might also like