As per the Payment of Gratuity Act, 1972, what is the rate of payment of gratuity in an establishment?
A. One month’s wages for every completed year of service
B. Ten days wages for every completed year of service
C. Fifteen days wages for every completed year of service
D. Three months wages for every completed year of service
Answer:C
As per the Payment of Gratuity Act, 1972, what is the rate of payment of gratuity in an establishment?
A. One month’s wages for every completed year of service B. Ten days wages for every completed year of service C. Fifteen days wages for every completed year of service D. Three months wages for every completed year of service