Payment of gratuity to teachers in schools
This article is prepared to create awareness amongst CA’s, Accounting/Finance Personnel & Management of Schools about Supreme Court Judgment dated 07.03.2019 about Eligibility of Teachers in Schools for Gratuity Benefits under the ‘Payment of Gratuity Act 1972’. This article will also give information about ‘Methods for Discharging the Gratuity Liability by the Schools’.
On March 07, 2019 the Hon’able Supreme Court gave a ruling that “In the light of the amendment made in the definition of the word “employee” as defined in Section 2(e) of the Act by Amending Act No. 47 of 2009 with retrospective effect from 03.04.1997, the benefit of the Payment of Gratuity Act was also extended to the teachers from 03.04.1997
https://taxguru.in/corporate-law/pay...s-schools.html All credit to Tax guru for article.(For our learning purposes only)
From India, Pune
3124This article is prepared to create awareness amongst CA’s, Accounting/Finance Personnel & Management of Schools about Supreme Court Judgment dated 07.03.2019 about Eligibility of Teachers in Schools for Gratuity Benefits under the ‘Payment of Gratuity Act 1972’. This article will also give information about ‘Methods for Discharging the Gratuity Liability by the Schools’.
On March 07, 2019 the Hon’able Supreme Court gave a ruling that “In the light of the amendment made in the definition of the word “employee” as defined in Section 2(e) of the Act by Amending Act No. 47 of 2009 with retrospective effect from 03.04.1997, the benefit of the Payment of Gratuity Act was also extended to the teachers from 03.04.1997
https://taxguru.in/corporate-law/pay...s-schools.html All credit to Tax guru for article.(For our learning purposes only)
From India, Pune
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Guide for Payment of Gratuity to Teachers.pdf
Gratuity Act-Teachers-Ma dhya Pradesh.docx
Payment of Gratuity Act, 1972 & The Rules.ppt