The Payment of Gratuity Act, 1972 applies to establishments employing 10 or more persons. The main purpose for enacting this Act is to provide social security to workman after retirement, whether retirement is a result of superannuation, or physical disablement or impairment of vital part of the body. Therefore, the Payment of Gratuity Act, 1972 …
Category: PF and Gratuity
How to withdraw funds from PF account for COVID-19
The Employee’s Provident Fund is social security system introduced by our Govt to help people save enough for their retirement. The plan was introduced with the Employees’ Provident Funds Act in 1952 and is presently managed by the Employees’ Provident Fund Organisation (EPFO). One salient aspect of the scheme is with withdrawal facility that is available …
Regarding payment of gratuity included in salary
I have worked in a pvt ltd for 6 years. Received my full and final in this assessment year. Fnf also contained 2lakhs under gratuity. I received the form 16 with full amount mentioned under salary, whereas the gratuity amount should be in under section 10 (10) and should not be taxable. Now while filling …
Short Payment of Gratuity by ICICI Bank on my superannuation
I am an employee of The Bank of Rajasthan Ltd.which was amalgamated with ICICI Bank Ltd on 12-08-2010. i am exited from bank on my superannuation in feb. 2019. My basic pay for pension calculation is higher and my basic pay for other superannuation benefits is much lower hence gratuity and other benefits paid me …
Complaint regarding employment history update in UAN
I transferred my PF account GJ/AHD torrent to GJ/BD/(alembic). Further GJ/BD/ transferred to my current PF account AP/HYD/. My problem is that GJ/AHD/ service history detail is not transferred. Multiple Grievance and Mail also done but no clarity to me. I don’t know which PF office is speaking right. I want to update my service …
Complaint regarding PF transfer issue
I have applied to transfer my pf amount from my UAN no 100xxxxxxx2 company name AXA technology Bangalore to my current UAN no 101xxxxxxxx50 HSBC Bangalore 6 months before. The claim status is showing resolved but the money has not transferred in my current UAN no. I have called so many time to pf office …
Two UAN created for single PF account
I left my Job before 6 months ago and I have UAN. Now i joined other Job and my current employer also generated new UAN. So , I have two UAN. Now , I want to Withdraw PF from previous Company , But it required Adhar card link before Withdraw. Is it Possbile , that …
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