An establishment serves the nation successfully when it fairly services its working family. The terminal and retiral benefits bear upon anxiety for the ageing future in this mortal world and impact upon contentment of the working life.
An organisation can summon its flaming vigour only if its personnel and labour wings go into full swing with courage and contentment. The community itself has vital concern in the working conditions of the dual human groups whose invisible work is crystallized daily and moves into mass distribution. In a democracy, products and the men behind have a special value. A few legislative measures, including the Payment of Gratuity Act, 1972, therefore, have taken care of the working conditions of the working class.
The Payment of Gratuity Act as enacted in 1972 has been amended in 1984, 1987 and 1998, making its provisions more beneficial to the employees. Now all the employees irrespective of their designation, wages or salary are covered by it, albeit a total ceiling is fixed at Rs. 3,50,000.
The above and other drastic amendments made in the Act based on its administration and enforcement over three and a half decades and the decisions on the subject of all High Courts and the Supreme Court have been thoroughly scrutinished, discussed and explained in a very simple language under the appropriate provisions of the Act to make the book authoritative, dependable and wholly reliable.