7 Questions About Gratuity Answered

7 Questions About Gratuity Answered

Executive Summary- Gratuity is a lump sum amount payable to employees as a reward for their continuous services for 5 years or more. It is calculated on the basis of the salary and tenure of service. In most conditions, it is exempt from income tax. The employer can...
Assignment of Insurance Policies

Assignment of Insurance Policies

Executive Summary- A person who has bought an insurance policy can assign the rights and benefits of the policy to another party using the concept of assignment. In absolute assignment the policy rights are completely transferred to the assignee. In conditional...