WelfarePolicy on Marriage Gift

Purpose

As a token of compliment to wish the employee on this auspicious occasion

Applicability

All E&Ms including TM grade & Workmen

Gift Value

Compliment per employee – Rs.5,001/-

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Eligibility

All Executives & Managers including TM and Workmen are entitled to receive the gift


Guidelines

  • Employee to provide marriage invitation card to HRD / ERM before marriage date
  • Gift amount will be credited to employee’s bank account .The gift amount is taxable as per income tax rule
  • If Employee and spouse both are working in the company, both are eligible to receive the gift
  • If Parent and children both are working in the company, the children will be eligible for the gift
  • In case second marriage, marriage gift is not applicable.