Hi
In my organization we wont deduct any grtuity amount from employees and we wont maintain any Gratuity fund also . In case any employee completes 5yrs with the company do we need to pay him gratuity . If yes is it mandatory to pay or we have any alternatives . Please reply . Thank s
Hi
Yes, generally it is mandatory to pay gratuity.
Refer: https://hrsuccesstalk.blogspot.in/2013/03/13-facts-one-should-know-about-gratuity.H T M L
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
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