Assertion: gratuity | /r/HasProperty | payable
Facets:
value: to an employee
type: TRANSITIVE-OBJECT
value: to whom
type: OTHER
value: for the period
type: TEMPORAL
value: @ 7 days wages
type: OTHER
value: in terms of the act
type: OTHER
value: by the employer
type: OTHER
value: after first day of employment
type: TEMPORAL
value: to the controlling authority
type: TRANSITIVE-OBJECT
value: by the unit
type: OTHER
value: normally
type: DEGREE
value: before 5th january
type: TEMPORAL
value: for each season
type: TEMPORAL
value: for every completed year of service
type: OTHER
value: under a law
type: OTHER
value: if
type: DEGREE
value: after completion of the requisite term
type: TEMPORAL
value: on death
type: TEMPORAL
value: on superannuation
type: TEMPORAL
value: in case of seasonal establishment
type: OTHER
value: after he
type: TEMPORAL
value: to persons
type: TRANSITIVE-OBJECT
value: in excess of six months
type: TEMPORAL
value: for 25 years
type: TEMPORAL
value: in essence
type: OTHER
value: to any individual
type: OTHER
Source sentences:
text: SO GRATUITY IS PAYABLE @ 4.16% WHICH IS WRONG
text: Gratuity is a payment mandated by law, so no employer can refuse it on grounds of financial losses to the company.
text: Gratuity is the payment made by an employer to an employee working in a company, firm, factories, etc.
text: Gratuity is a benefit which is payable under the Payment of Gratuity Act 1972.
text: Gratuity is payable to an employee when an employee leaves employment after completing at least five years in service with an employer –
text: Gratuity shall be payable to an employee on termination of employment after he has rendered continuous service for not less than 5 years in a single organisation.
text: When is gratuity payable?
text: Thus, in essence, gratuity is payable for more than six months of employment.
text: In case of death of a workman, gratuity is payable to the legal dependents of a workman.
text: Note: If the employment period in above example was 25 years and 4 months, gratuity would be payable only for 25 years.
text: If, agreed through collective bargaining, an employer offers and contributes to an “Approved Pension Fund” as defined in the Income Tax Ordinance, 2001 (XLIX of 2001), and where the contribution of the employer is at least 50% of the limit prescribed in the aforesaid Ordinance, and to which the workman is also a contributor for the remaining 50% or less, no gratuity is payable for the period during which such contributions has been made.
text: In the event of a worker's death, gratuity is payable to the legal dependents of a worker.
text: Gratuity is payable on completion of 12 months of service after first day of employment.
text: Gratuity is payable for more more than six months of employment.
text: If the period of employment is less than 6 months, no gratuity is payable.
text: When Gratuity is payable?
text: Gratuity is payable for eligible individuals in the following scenarios:
text: The gratuity is still payable even if the employer goes bankrupt and no court order can put a stay on it.
text: Gratuity is the monetary amount which is payable to the employee of an organisation under the Payment of Gratuity Act 1972.
text: Gratuity shall be payable to an employee after the termination of his employment.
text: Gratuity is payable only to persons who have been employed for 5 years or more with the employer.
text: Gratuity shall be payable to an employee on termination of his employment after he has rendered continuous service for not less than five years –
text: The employer shall arrange to pay the amount of gratuity within 30 days from the date it becomes payable to the person to whom the gratuity is payable.
text: S.O 12(6) of W.P. Industrial & Commercial (Standing Orders) Ordinance, 1968 defines, “where a workman resigns from service or services are terminated by the employer, for any reason other than misconduct, shall be entitled for gratuity equivalent to thirty (30) days wages, calculated on the basis of the (wages admissible to him in the last month of service if he is a fixed-rated workman or the highest pay drawn by him during the last twelve months if he is a piece-rated workman), for every completed year of service or any part thereof in excess of six months: provided that, where the employer has established a provident fund to which the workman is a contributor and the contribution of the employer to which is not less than the contribution made by the workman, no such gratuity shall be payable for the period during which such provident fund has been in existence.
text: Provided further that if through collective bargaining the employer offers and contributes to an “Approved Pension Fund” as defined in the Income Tax Ordinance, 2001, and where the contribution of the employer is not less than fifty per cent of the limit prescribed in the aforesaid Ordinance, and to which the workman is also a contributor for the remaining fifty per cent or less, no gratuity shall be payable for the period during which such contributions has been made.]
text: For service of more than six months, gratuity is payable otherwise not.
text: In case of death of a workman, gratuity is payable to the legal dependents of a workman.
text: However, if the employee has worked for 4 years and 4 months, it is treated as less than 5 years and no gratuity will be payable to an employee.
text: Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for not less than 5years, - (a) on his superannuation, or
text: As rightly pointed out by the learned counsel for the respondents, Section 4(1)(b) of the Payment of Gratuity Act, 1972 provides that the gratuity shall be payable if the termination of employment is after 5 years of continuous service and such termination would include resignation as well.
text: (2) As soon as gratuity becomes payable, the employer shall, whether an application referred to in sub-section (1) has been made or not, determine the amount of gratuity and give notice in writing to the person to whom the gratuity is payable and also to the controlling authority specifying the amount of gratuity so determined.
text: The employer shall arrange to pay the amount of gratuity within thirty days from the date it becomes payable to the person to whom the gratuity is payable.
text: Gratuity is payable under the payment of wages act.
text: Is Gratuity payable by all employers?
text: Is gratuity payable if service tenure is in between 4 to 5 years?
text: (2) As soon as gratuity becomes payable, the employer shall, whether an application referred to in sub-section (1) has been made or not, determine the amount of gratuity and give notice in writing to the person to whom the gratuity is payable and also to the controlling authority specifying the amount gratuity so determined.
text: The employer shall arrange to pay the amount of gratuity within thirty days from the date it becomes payable to the person to whom the gratuity is payable.
text: Gratuity is payable only on resignation, superannuation or death of an employee, after completion of the requisite term.
text: If total period served with the current employer is less than 5 years no gratuity is payable to any individual means the employee who has completed 5 years (continuously) of his service under a current employer is eligible for Gratuity i.e. 5 years in a single organisation as prescribed under the Act.
text: The Payment of Gratuity Act, 1972, separated non-government employees into two sections in order to calculate how much gratuity is payable:
text: The Court held that 'gratuity' payable under the Payment of Gratuity Act, 1972 is a sum which by reason of the termination of employment of the person employed is payable under a law and accordingly would fall within clause (d) of the definition of ‘wages’ (quoted above).
text: Gratuity is payable:
text: Gratuity is payable to an employee when an employee leaves employment after completing at least five years in service with an employer –
text: Gratuity is payable @ 15 days wages for every year of completed service or part thereof in excess of six months.
text: In case of seasonal establishment, gratuity is payable @ 7 days wages for each season.
text: Gratuity is also payable if:
text: Gratuity shall be payable to the employee on termination of his employment and such termination can be on account of superannuation of the employee or on his retirement / resignation or on his death / disablement due to accident or disease.
text: Gratuity shall be payable to an “employee” on the termination of his employment after he has rendered continuous service for not less than five years.
text: Gratuity is normally payable to the employee himself, however in the case of death of the employee it shall be paid to his nominee & nomination has been made to his heirs.
text: According to the Act, gratuity shall be payable to an employee on the termination of his employment after he has provided continuous service for not less than five years.
text: The employer must pay the amount of gratuity within thirty days from the date it becomes payable to the person to whom the gratuity is payable.
text: Gratuity is payable by the employer to the employees after ternination of their service on account of death/retirement/resignation etc.
text: Gratuity is payable to an employee at the rate of 15 days wages which the employee has last drawn, for every completed year of service.
text: Gratuity shall be payable to ‘
text: Gratuity shall be payable to an employee on the termination of his/her employment after he/she has rendered continuous service for not less than five years.
text: Where the individual dies without nominating any body but has left family members, the Gratuity is payable in the following manner to the family: If there are one or more surviving members of the family as in (1) to (4) above, it shall be paid in equal shares to all such members.
text: When Gratuity is payable?
text: Gratuity is payable for eligible individuals in the following scenarios:
text: The gratuity is still payable even if the employer goes bankrupt and no court order can put a stay on it.
text: Gratuity is payable to an employee (nominee - in case of death of employee) who has rendered continuous service of five years or more on his termination of employment, superannuation, retirement or resignation.
text: Gratuity is payable to an employee when an employee leaves employment after completing at least five years in service with an employer –
text: Since the gratuity is payable by the unit where he works last and whereas it would not be justifiable if the entire amount is treated as that unit's cost alone , it is common that on each such transfer any gratuity provision made for the said employee will also be transferred to the unit to which he has been transferred.
text: In case of death of a workman, gratuity is payable to the legal dependents of a workman.
text: If, agreed through collective bargaining, an employer offers and contributes to an “Approved Pension Fund” as defined in the Income Tax Ordinance, 2001 (XLIX of 2001), and where the contribution of the employer is at least 50% of the limit prescribed in the aforesaid Ordinance, and to which the workman is also a contributor for the remaining 50% or less, no gratuity is payable for the period during which such contributions has been made.
text: When Gratuity is payable?
text: Gratuity shall be payable to an employee on the termination of his employment.
text: In Zambia for instance, a look at Section 21(1) of the Income Tax, Chapter 323 of the Laws of Zambia (the “ITA”), Paragraph 2(2) of the charging schedule under the ITA, and Practice Note 1/2016 of the Zambia Revenue Authority, reveals that, gratuity which was due and payable before 5th January 2016 was taxed based on the following:
text: In terms of the Act, gratuity is payable to an employee on the termination of his employment after he has rendered continuous service for not less than 5 years (a) on his superannuation or (b) on his retirement or resignation or (c) on his death or disablement due to accident or disease (completion of 5 years is not, however, necessary for payment of gratuity in case of death or disablement).
text: Gratuity is payable only if an employee has been with the employer for five years or more.
text: Chapter V of the Code says, “Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for
text: Gratuity is a payment made to an employee by the employer either at the time of retirement or when he is leaving the job.
text: Gratuity is a payment made by the employer in appreciation of past services of employee.
text: Gratuity is a payment that an employer makes to his employee for the services provided him during his employment tenure.
text: As nouns the difference between gratuity and tip is that gratuity is a reward, service, or payment provided freely, without obligation while tip is the extreme end of something, especially when pointed; eg the sharp end of a pencil or tip can be (skittles|obsolete) the knocking over of a skittle or tip can be or tip can be a gratuity; a small amount of money left for a bartender, waiter, taxi driver or other servant as a token of appreciation or tip can be a piece of private or secret information, especially imparted by someone with expert knowledge about sporting odds, business performance etc or tip can be (aave) a kick or phase; one's current habits or behaviour.
text: Usually, tips are left in cash, whereas gratuities are payments made electronically through a card terminal.