Background The Payment of Gratuity Act, 1972 (hereinafter referred as POGA 1972) mentions the following in its clauses 1 and 4 of section 4A Compulsory Insurance, (1) With effect from such date as may be notified by the appropriate Government in this behalf, every employer, other than an employer or an establishment belonging to, or…
Read More Karnataka Compulsory Gratuity Insurance Rules, 2024Contractual Workers’ Gratuity | IIT Bombay A case has occurred in IIT-Bombay in respect of gratuity eligibility of contractual workers. The following is a detailed breakdown of the ongoing case, its potential financial burden and other considerations. The outcome of this case has the potential to cause significant financial repercussions with employers having contractual employees. Background IIT…
Read More Contractual Workers’ Gratuity | IIT BombayBond Yields – 31st March 2024 The ZCYC yields are referred from CCIL (Clearing Corporation of India). CCIL provides exclusive clearing and settlement for transactions in Money, Government Securities and Foreign Exchange and they work with RBI to broaden and deepen the money, debt and forex markets in the country. The yields can be procured…
Read More Bond Yields – 31st March 2024