*Quick Reference to " Payment of Gratuity Act, 1972 "*:-

1. Scope:- It is applicable to Whole of India Including J & K ( In case of plantations or ports, it shall not extend to the State of Jammu and Kashmir).

2. Applicability :-
# Factory
# Railway Company
# Mine & Oil
# Port
#Shop/ Establishment having 10 or more persons as a Employee.

3. Eligibility for Employees:-
# Employee as mentioned in above areas/ Sectors .
# Atleast 5 years of Service shall be completed in a Continuous nature.

4. Payment in case of:-
# Retirement
#Resignation
#Death
#Termination.
#superannuation.
# Disablement due to accident or disease. ( In this case Gratuity is Payable even if 5 years of Service is not Completed).

5. Other Important Points:-
# Maximum Amount of Gratuity Payable shall not be more than ₹ 20,00,000 ( Amendment Applicable date 29 th March, 2018 ).

# Insurance from LIC must be obtain by Employee ( other than CG & SG Employees).

# Wages as a calculation as per this act does not include Bonus, Commission, HRA , Other allowance Excluding DA.

# Once Act becomes Applicable, It Continues to apply If Employees strengths falls below 10.

# Imprisonment of Min 6 Months to Max 2 years and/Or fine upto 20,000 in case of Non- Payment of Gratuity.

# Imprisonment upto 1 year And/Or fine upto ₹10,000 in case of other Contraventions.
.
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PAPER - 9 OM & SM
***********************
OPERATION MANAGEMENT
.
OPERATION MANAGEMENT - AN INTRODUCTION
👉 https://t.me/CmaIntermediateNotes_P9/2
.
CAPACITY PLANNING
https://t.me/CmaIntermediateNotes_P9/3
.
CPM, PERT & GANTT CHART
https://t.me/CmaIntermediateNotes_P9/4
.
DEMAND FORECASTING
https://t.me/CmaIntermediateNotes_P9/5
.
ECONOMIC BATCH QUANTITY
https://t.me/CmaIntermediateNotes_P9/6
.
FACILITY LAYOUT
https://t.me/CmaIntermediateNotes_P9/7
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INVENTORY CONTROL
https://t.me/CmaIntermediateNotes_P9/8
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JOB ALLOCATION - ASSIGNMENT
https://t.me/CmaIntermediateNotes_P9/9
.
LINE BALANCING
https://t.me/CmaIntermediateNotes_P9/10
.
LINEAR PROGRAMMING
https://t.me/CmaIntermediateNotes_P9/11
.
QUEUING MODELS
https://t.me/CmaIntermediateNotes_P9/12
.
REPLACEMENT OF MACHINE
https://t.me/CmaIntermediateNotes_P9/13
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RESOURCE AGGREGATE PLANNING
https://t.me/CmaIntermediateNotes_P9/14
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SCHEDULING
https://t.me/CmaIntermediateNotes_P9/15
.
SIMULATION
https://t.me/CmaIntermediateNotes_P9/16
https://t.me/CmaIntermediateNotes_P9/17
.
TRANSPORTATION
https://t.me/CmaIntermediateNotes_P9/18
https://t.me/CmaIntermediateNotes_P9/19
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*************************

STRETEGIC MANAGEMENT
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Summary Notes By Swapnil Patni sir
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PAPER - 6 LAWS & ETHICS

HOW TO PRESENT YOUR ANSWER
https://youtu.be/IZkus3BD5lc

PAYMENT OF BONUS ACT , 1965
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PART 2 - https://youtu.be/BJJfukjXcrE

Company Basic Concepts Short Notes
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📥 Transmission & Transfer of Share Short notes
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📥 Share Capital Short Notes
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📥 MOA & AOA Short Notes
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📥 General Meetings Short Notes
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📥 Deposits Short Notes
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📥 Declaration of Payment Short Notes
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📥 Debentures Short Notes
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📥 Company Accounts Short Notes
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📥 Classes of Companies Short Notes
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