https://www.taxtmi.com/caselaws?id=122855 A gratuity scheme may coexist with provident fund and retrenchment compensation because each serves a distinct retiral purpose. In deciding whether such a scheme should be introduced, the controlling factors are the employer's financial position, profit-making capacity, existing retiral benefits, and surrounding industrial conditions. An industry-cum-region comparison was appropriate where similar textile mills in the region already provided gratuity. On the financial material, the company's profits, reserves, capacity to meet depreciation and machinery replacement, and the manageable annual burden showed sufficient ability to bear the obligation, so the Industrial Court was justified in directing the gratuity scheme. en-us Thu, 05 Nov 1964 00:00:00 +0530 Mon, 20 Aug 2012 18:29:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122855 A gratuity scheme may coexist with provident fund and retrenchment compensation because each serves a distinct retiral purpose. In deciding whether such a scheme should be introduced, the controlling factors are the employer's financial position, profit-making capacity, existing retiral benefits, and surrounding industrial conditions. An industry-cum-region comparison was appropriate where similar textile mills in the region already provided gratuity. On the financial material, the company's profits, reserves, capacity to meet depreciation and machinery replacement, and the manageable annual burden showed sufficient ability to bear the obligation, so the Industrial Court was justified in directing the gratuity scheme. Case-Laws Indian Laws Thu, 05 Nov 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122855