Question
What is the maximum amount of exemption that is allowed
for gratuity if received at the time of retirementby an employee covered under Payment of Gratuity Act?Solution
Solution Gratuity is a voluntary payment made by an employer in appreciation of services rendered by the employee. In case of gratuity being received at time of retirement or death, the gratuity amount exempt is the least of the following: · Rs.20 lakh · Actual gratuity received · 15 days salary (last drawn) for every completed year of service or part in excess of 6 months (no. of days in a month taken as 26) As such, the maximum gratuity that will be exempt is Rs.20 lakh.
Definition of secondary evidence has been given under _________ of the Indian Evidence Act, 1872?
Which of the following is not true about judicial intervention in arbitration proceedings?
As per the provisions of the Registration Act the documents remaining unclaimed in any registration office for a period ………………… may be de...
Before the mediation starts, what must a mediator disclose to the parties under The Mediation Act, 2023?
Which of the following is not true about powers of a president to promulgate an ordinance?
A wishes to prove dying declaration by B. The burden of proof that B is dead is on
In Shreya Singhalys Linion of India, the Supreme Court held that:
Provisions of longer period in the matter of accumulation of property under sec 17 of T.P. Act amounts to:
When a fact is a “conclusive proof”, the Court__________.
Chief Judicial Magistrate may pass a