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प्रश्न
Distinguish between gratuity and provident fund.
अंतर स्पष्ट करें
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उत्तर
| Sr. No. | Basis of Distinction | Gratuity | Provident Fund |
| 1. | Contributions | The employee makes no contributions. | Both the employer and the employee make regular contributions. |
| 2. | Amount | Fifteen days' wages for every completed year of service. | Amount standing to the credit at the time of retirement. |
| 3. | Investment | There is no specific investment. | The amount is specifically invested and earns interest. |
| 4. | Payment | Payable only at the time of retirement. | A part of the amount can be withdrawn during service for specified purposes. |
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Social Security in India
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संबंधित प्रश्न
A voluntary payment made by an employer to an employee who retires after long and dedicated services is ______.
Amount of ______ is paid once in lump sum whereas ______ is paid every month.
What is a Provident Fund Scheme?
Briefly explain the term Pension?
Why is 'Gratuity' given by an employer to an employee?
What do you mean by group life insurance?
Mention any two ways by which employees get social security.
Mention any two advantages of group life insurance to employees.
Explain any two social security measures adopted in India.
Distinguish between Provident Fund and Pension.
