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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Compulsory insurance for gratuity under Code on Social Security requires employer insurance, registration, exemptions and recovery mechanisms</h1> Compulsory insurance requires every non-government employer to obtain prescribed insurance for gratuity liability, with prescribed commencement dates. Employers with an approved gratuity fund or establishments employing 500+ persons that establish such a fund are eligible for exemption, subject to prescribed conditions; exemption permits continuation of fund-based arrangements. Employers must register establishments with the competent authority after securing insurance or establishing an approved fund. The appropriate Government may prescribe trustee composition and permit recovery of gratuity from the insurer or trustees. Failure to pay premiums or contributions renders the employer immediately liable to pay gratuity (including interest) to the competent authority.
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