Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Gratuity entitlement: employers must pay statutory gratuity per year of service with specific wage computation rules and a statutory cap. Employers must pay gratuity for each completed year of service or part exceeding six months at fifteen days' wages based on the last drawn wage; for monthly rated employees this is computed by dividing the last monthly wage by twenty six and multiplying by fifteen. Piece rated employees' daily wage is the average of total wages in the three months before termination excluding overtime. Seasonal employees receive seven days' wages per season. The amount payable is subject to a statutory maximum and is the employer's liability.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Gratuity entitlement: employers must pay statutory gratuity per year of service with specific wage computation rules and a statutory cap.
Employers must pay gratuity for each completed year of service or part exceeding six months at fifteen days' wages based on the last drawn wage; for monthly rated employees this is computed by dividing the last monthly wage by twenty six and multiplying by fifteen. Piece rated employees' daily wage is the average of total wages in the three months before termination excluding overtime. Seasonal employees receive seven days' wages per season. The amount payable is subject to a statutory maximum and is the employer's liability.
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