Pension Gratuity Rules: If you are an employee then this news is for you. In fact, according to a recent update from the Central Government, it is being said that now these employees will not get the benefits of gratuity, pension and PF. To know the complete information related to this update, read the whole news.
Who will not get the benefit?
According to the instructions issued by the Central Government, the benefits of gratuity, pension and PF will not be given to the members of Income Tax Appellate Tribunal (ITAT) and Goods and Services Tax (GST) Tribunal. Additionally, tribunal membership will be placed in the full-time employed category, which means they will have to resign from one of the services.
Who will not get the benefit?
According to the instructions issued by the Central Government, the benefits of gratuity, pension and PF will not be given to the members of Income Tax Appellate Tribunal (ITAT) and Goods and Services Tax (GST) Tribunal. Additionally, tribunal membership will be placed in the full-time employed category, which means they will have to resign from one of the services.
Why will you not get benefits?
Earlier, se
rving judges of the High Court or the Supreme Court were sometimes appointed as Chairman or Members while still in their existing service. Hence they were entitled to pension and other benefits, but now if a serving judge of any court is appointed as the Chairman or Member of the Tribunal, he will have to either resign or resign voluntarily from his substantive service before joining the Tribunal. Will have to take retirement. These people cannot take advantage of both at the same time.
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