Hi Seniors,
Kindly rectify following clarifications.
1. Payment of Gratuity Act, any interest have to pay to employees for his Gratuity.
2. Leave encasement , for leave wages have to pay any interest to employees for delay payment.
Thanks,
K.Janarthanan
From India, Madras
Kindly rectify following clarifications.
1. Payment of Gratuity Act, any interest have to pay to employees for his Gratuity.
2. Leave encasement , for leave wages have to pay any interest to employees for delay payment.
Thanks,
K.Janarthanan
From India, Madras
Yes .Interest is payable if gratuity is not paid within 30 days from the date it becomes payable.see sec 7 (3A) of Payment of Gratuity Act, Varghese Mathew 09961266966
From India, Thiruvananthapuram
910From India, Thiruvananthapuram
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