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GRATUITY ACT FORFEITURE
Buyer of auctioned property to get Rs 2 crore refund as bank failed to disclose the pending legal dispute; Telangana High Court orderA property buyer has won a case in the Telangana High Court and will receive a full refund of Rs 2 crore. The bank failed to fully disclose...
Bank employee was dismissed and denied pension as he assaulted colleague in 1998, he filed a case; wins in Supreme CourtA bank employee dismissed in 1998 for assaulting a colleague has won his pension case in the Supreme Court. After a 27-year legal fight, th...
Government deducted gratuity and pension of a retired engineer for not vacating govt residence on time, he fights back and wins case in Supreme CourtSupreme Court said: "Pension and other retiral dues are benefits that have been earned by an employee due to the service rendered to the in...
Mother continued PPF deposits after children turned 18; Kerala High Court orders her to pay back extra interestThe Kerala High Court ruled that a mother's PPF deposits for herself and her minor children must be clubbed, upholding the forfeiture of Rs...
Gratuity payment can be denied by employer in this condition, rules Supreme CourtGratuity payment: Supreme Court said employers can forfeit gratuity payments if the employee was dismissed due to moral turpitude reason an...
Invest up to Rs 30 lakh in Senior Citizen Savings Scheme from Apr 1, 2023: What is SCSS, tax benefits, withdrawals, interest rateSeniors can invest up to Rs 30 lakh in the post office's Senior Citizen Savings Scheme (SCSS) beginning April 1, 2023, as proposed by Finan...
What are the gratuity payment rules?There are certain rules that make an employee eligible to receive gratuity before the age of retirement/superannuation or resignation of an...