The Act provides for the payment of gratuity to works employed in every factory, shop & establishments or educational institution employing 10 or more persons on any day of the proceeding 12 months.
A shop or establishment to which the Act has become applicable shall continue to be governed by the Act even if the number of persons employed falls bellow 10 at any subsequent stage. All the employees irrespective of status or salary are entitled to to the payment of gratuity on completion of 5 years of service. In case of death or disablement there is no minim eligibility period. The amount of gratuity payable shall be at the rate of 17 days wages based on the rate of wages last drawn, for every completed year of service. The maximum amount of gratuity payable is Rs. 3,50,000/-.
we provide following services in compliance to the provisions of Contract Labour (Regulation & Abolition) Act, 1970