GENERAL KNOWLEDGE

GK

IMPORTANT ACTS OF THE PARLIAMENT OF INDIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Payment of Gratuity Act____
A
1971
B
1972
C
1973
D
1974
Explanation: 

Detailed explanation-1: -(a) the gratuity of an employee, whose services have been terminated for any act, wilful omission or negligence causing any damage or loss to, or destruction of, property belonging to the employer, shall be forfeited to the extent of the damage or loss so caused.

Detailed explanation-2: -An eligible employee must apply for gratuity payment within 30 days from the payable date. Additionally, in case of retirement or superannuation, apply before one month to receive such payments.

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