We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic • Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced • Includes everything in Basic • Detailed report covering: - Overview Summary - Governing Provisions [Acts, Notifications, Circulars] - Relevant Case Laws - Tariff / Classification / HSN - Expert views from TaxTMI - Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:
Compensation to workers in case of closing down of undertakings: entitlement, three month cap, mining and construction exceptions. Workers with at least one year's continuous service before closure are entitled to notice and retrenchment compensation, but compensation is capped at three months' average pay where closure is due to unavoidable circumstances; financial difficulties, unsold stock, lease expiry, or exhaustion of minerals in mining are not treated as unavoidable. Mining closures due to exhaustion displace entitlement if the employer provides alternative employment within 20 kilometres at the same pay and terms with uninterrupted continuous service and legal liability for future retrenchment compensation. Construction undertakings completed within two years displace compensation; otherwise compensation accrues for each completed year or any part over six months.
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.
<h1>Compensation to workers in case of closing down of undertakings: entitlement, three month cap, mining and construction exceptions.</h1> Workers with at least one year's continuous service before closure are entitled to notice and retrenchment compensation, but compensation is capped at three months' average pay where closure is due to unavoidable circumstances; financial difficulties, unsold stock, lease expiry, or exhaustion of minerals in mining are not treated as unavoidable. Mining closures due to exhaustion displace entitlement if the employer provides alternative employment within 20 kilometres at the same pay and terms with uninterrupted continuous service and legal liability for future retrenchment compensation. Construction undertakings completed within two years displace compensation; otherwise compensation accrues for each completed year or any part over six months.
TaxTMI 
• Category-wise results to explore all relevant documents on TaxTMI
Help Us Improve - by giving the rating with each AI Result:
TaxTMI 
TaxTMI 
