Gratuity
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....rvice ; or (e) termination of service in any other way (except by way of punishment) after completion of five years of service. 1[(2) The amount of gratuity payable shall be determined by the Board from time to time. (2A) 3[In the case of] An employee who has not completed a minimum period of ten years of continuous service in the Board, the gratuity shall be paid as per the provisions of the P....
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....hall be paid to the employee on conclusion of the proceedings, subject to the decision of the proceedings or any recoveries to be effected from the employee.] **************** NOTES:- 1 Substituted by SEBI (Employees' Service) (Amendment) Regulations, 2010, w.r.e.f. 28-3-2003. Prior to its substitution, sub-regulations (2) read as under: "(2) The amount of gratuity payable shall be d....


TaxTMI
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