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Applicability and Calculation of Gratuity and Provident Fund in Industries

3rd November, 2018

Resource Person: Ms. Kshitija Bhandari, Vice President, Northern Trust

Ms. Prajakta Joshi, Sr. Executive Corporate HR, Thermax, Pune, discussed important rules, provisions in context of payment, working hours, overtime rates and legal requirements of keeping records of The Payment of Gratuity Act 1972, The Employees Provident Fund and Misc. Provisions Act 1952 and The Maternity Benefit Act  1961.

She also detailed out legal problems and challenges faced by employers, employees in context of application and distribution of Provident Funds and Gratuity Payment’s through few cases. Towards the end of the session, Ms. Joshi highlighted aspects and rules for Prevention of Sexual Harassment at Workplace.

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