Karnataka Compulsory Gratuity Insurance Rules 2024
Contents News/Article Date: 10th January 2024
Relating to which Act: Payment of Gratuity Act, 1972 & Karnataka Compulsory Gratuity Insurance Rules 2024
Penalty under the Act: An employer who contravenes any provisions of the Act shall be liable for imprisonment for a term of not less than three months but which may extend to one year or with fine which shall not be less than ten thousand rupees but which may extend to twenty thousand rupees or with both.
Applicable to which State: Karnataka
Type: Government of Karnataka, Karnataka Government Secretariat, Notification No. LD/397/LED/2023 issued by Under Secretary to Government, Labour Department.
Pertains to: Establishments and Employees to whom the Act is applicable in Karnataka
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And in the current instance: In exercise of the powers conferred by sub-section (4) of Section 4A of the Payment of Gratuity Act, 1972 (Central Act No. 39 of 1972), the Government of Karnataka hereby makes the following rules, namely; – Rules
- Title and Commencement. – (1) These rules may be called the Karnataka Compulsory Gratuity Insurance Rules, 2024. (2) They shall come into force from the date of their publication in the Official Gazette.
Subject: Karnataka Compulsory Gratuity Insurance Rules 2024
Attached is the notification