A Landmark Ruling: Gratuity Cannot Be Withheld to Recover Loan Defaults by Retired Employees
Introduction to Gratuity and its Legal Protections Gratuity is a financial reward provided by employers to employees as a form of acknowledgment for their years of service, especially upon retirement or termination of employment. It serves as a significant source of financial security for individuals transitioning from their working life to retirement. In many jurisdictions,…