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Thursday, January 11, 2024

Karnataka Compulsory Gratuity Insurance Rules 2024

  Jnyanabhandar       Thursday, January 11, 2024
Karnataka Compulsory Gratuity Insurance Rules 2024

In exercise of the powers conferred by sub-section (4) of Section 4A of the 
Payment of Gratuity Act, 1972 (Central Act No. 39 of 1972), the Government of 
Karnataka hereby makes the following rules, namely;- 
1. Title and Commencement.- (1) These rules may be called the Karnataka 
Compulsory Gratuity Insurance Rules, 2024. 
(2) They shall come into force from the date of their publication in the Official 
2. Definitions.- (1) In these rules unless the context otherwise requires,- 
(a) “Act” means the Payment of Gratuity Act, 1972 (Central Act No. 39 of 
(b) “employer” means an employer other than employer of an 
establishment belonging to or under the control of Central Government 
or State Government; 
(c) “form” means a form appended to these rules; 
(d) “nomination” means nomination made under section 6 of the Act; and 
(e) “section” means a section of the Act. 
(2) The words and expressions used and not defined in these rules but defined 
in the Insurance Act, 1938 (Central Act No. 4 of 1938), Life Insurance Corporation Act, 1956 (Central Act No. 31 of 1956) the General Insurance Business 
(Nationalization) Act, 1972 (Central Act No. 57 of 1972), the Insurance Regulatory 
and Development Authority Act, 1999 (Central Act No. 41 of 1999), the Payment of 
Gratuity Act, 1972 (Central Act No. 39 of 1972) and the Payment of Gratuity 
(Karnataka) Rules, 1973 shall have the same meanings respectively assigned to 
them in the said Acts. 
3. Obtaining Insurance for Payment of Gratuity.- (1) Every new employer 
shall subject to fulfillment of sub-section (2) of Section 4A of the Act, within a period 
of thirty days from the date on which these rules becomes applicable to such 
establishment shall obtain valid insurance policy in the manner as prescribed 
under sub-section (4) of Section 4A of the Act for his liability for payment towards 
the gratuity to all eligible employees under the Act from the Life Insurance 
Corporation of India or any other insurance company incorporated in accordance 
with the provisions of the Insurance Act,1938(Central Act No. 4 of 1938), the 
Companies Act, 2013 (Central Act No. 18 of 2013), the Insurance Regulatory and 
Development Authority of India Act,1999 (Central Act No. 41 of 1999) or any other 
law which is applicable to the insurance company in this regard. 
(2) The employer of an establishment which is in existence at the time of 
commencement of these rules shall obtain valid insurance policy within sixty days 
from the date of commencement of these rules. 
(3) The employer of the establishment who has obtained valid insurance 
policy shall make all payments by way of premium to the insurance company and 
renew the same periodically and intimate the same to the Controlling Authority 
within fifteen days from the date of renewal of the policy. The employer shall initiate 
the process of payment of premium and renewal of policy before the lapse of the 
(4) Every employer shall exercise all due diligence for on-time payment of the 
premium and renewal of the policy.

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