Brief Note on Provident Fund Benefits & Withdrawals

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Immediate settlement without waiting period of 2 months  Settlement only after a waiting period of two months 69(1)(a) Retirement after attaining 55 years of age. 69(1)(e)(i) transfer of a non retrenched employee from a closed establishment to uncovered establishment. 69(1)(b) Retirement on account of total and permanent incapacity due to bodily or mental infirmity …. Read more »

Gratuity cannot be forfeited for an act involving moral turpitude which is not in the course of employment

Posted by & filed under Grautity.

In Vithal Rangnath Darekar Vs New India Insurance Company Ltd [2012 LLR 1027], the Bombay High Court has ruled that the right to receive gratuity is a statutory right and the gratuity cannot be forfeited due to conviction by criminal court for an offence (ie, kidnapping a girl) since such act does not come under… Read more »

Welcome to blog

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Hi All I welcome everybody to visit my blog at blog.pcsmgmt.com. I will keep you updated about various statutory requirements and changes in Labour Laws. Also invite your valuable suggestions and comments to my postings. ThanksPrakash KagalwalaPrakash Consultancy Services