The Payment of Gratuity Act, 1972

The Payment of Gratuity Act, 1972 is a vital labour welfare legislation ensuring financial security for employees upon retirement, resignation, disablement, or death. This book provides an in-depth yet accessible commentary on the Act, explaining its scope, applicability, eligibility requirements, and calculation methodology with clarity and precision.

The text thoroughly examines employer obligations, timelines for payment, nomination procedures, and exemptions, while also addressing forfeiture of gratuity and penalties for non-compliance. Relevant judicial interpretations and practical illustrations enhance understanding of complex provisions, making the book a dependable guide for both advisory and compliance purposes.

Designed for ease of reference, the book bridges statutory interpretation and real-world application, helping professionals navigate gratuity disputes, compliance audits, and advisory roles with confidence. Its structured approach and practitioner-friendly language make it an indispensable resource for understanding one of India’s most significant retirement benefit laws.