Mmorpg 2024 Gratuity Act. This comprehensive guide aims to delve into the intricacies of the payment of gratuity act, 1972, elucidating its provisions, significance, implications, and practical. Here are the key instances:
Only those employees who have been employed by the company for five years or more are given the gratuity. The act provides for payment of gratuity at the rate of 15 days wage s for each completed year of service subject to a maximum of rs.