https://www.taxtmi.com/acts?id=52815 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. en-us Thu, 15 Jan 2026 12:19:30 +0530 Wed, 21 Jan 2026 09:51:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52815 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. Act-Rules Labour laws Thu, 15 Jan 2026 12:19:30 +0530 https://www.taxtmi.com/acts?id=52815