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What does "Retirement" mean under the Payment of Gratuity Act?
  • a)
    Termination of service due to employee misconduct.
  • b)
    Termination of service after completing five years of continuous service.
  • c)
    Termination of service without prior notice.
  • d)
    Termination of service other than on superannuation.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What does "Retirement" mean under the Payment of Gratuity Ac...
"Retirement" under the Payment of Gratuity Act means the termination of an employee's service other than on superannuation. It encompasses various reasons for the end of employment, including resignation, retirement, or termination for reasons other than superannuation.
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What does "Retirement" mean under the Payment of Gratuity Act?a)Termination of service due to employee misconduct.b)Termination of service after completing five years of continuous service.c)Termination of service without prior notice.d)Termination of service other than on superannuation.Correct answer is option 'D'. Can you explain this answer?
Question Description
What does "Retirement" mean under the Payment of Gratuity Act?a)Termination of service due to employee misconduct.b)Termination of service after completing five years of continuous service.c)Termination of service without prior notice.d)Termination of service other than on superannuation.Correct answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does "Retirement" mean under the Payment of Gratuity Act?a)Termination of service due to employee misconduct.b)Termination of service after completing five years of continuous service.c)Termination of service without prior notice.d)Termination of service other than on superannuation.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does "Retirement" mean under the Payment of Gratuity Act?a)Termination of service due to employee misconduct.b)Termination of service after completing five years of continuous service.c)Termination of service without prior notice.d)Termination of service other than on superannuation.Correct answer is option 'D'. Can you explain this answer?.
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