The Payment and Gratuity Act applies to all factories, mines, oilfields, plantation, ports, and railways. In addition to this, it also applies to every shop and establishments employing 10 or more ...

Gratuity is a lump sum amount paid by an employer to its employee when she leaves the company after completing a minimum of five years.(Photo: iStock) Gratuity is a lump sum amount paid by an employer ...

According to the Payment of Gratuity Act 1972, gratuity is a benefit that is payable, it is the lump sum amount of money that is received by employees from the employer as a token of appreciation for ...