Business

Are I eligible to tip in 4 years and 7 months?

Q) Are you eligible to tip in 4 years and 7 months? I work 5 days a week. – Kshitija

(Query answered by Suresh Surana, founder of RSM India)

Tip Section 4 (1) of the Tip Payment Act of 1971 provides for tip payments when an employee leaves the company after working for at least five years in a row if:

(A) About his aging or

(B) About his retirement or resignation, or

(C) About his death or disability due to an accident or illness:

However, in the case of dismissal of an employee due to death or disability, the condition for completing five years of continuous work is not required. Here, “years of service” means continuous service for one year, and the employee is not due to illness, accident, vacation, absence without vacation, temporary dismissal, strike, lockout, or employee negligence. No work stoppage.

In addition, please note that in the case of Salem Textiles (2011), the Madras High Court ruled that employees are eligible to tip even if they complete 4 years and 240 days.

You can also check with your company’s personnel team about your eligibility to tip, based on the provisions of the law discussed and the decision of the Madras High Court.

(Send the query to mintmoney@livemint.com)

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Are I eligible to tip in 4 years and 7 months?

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