Is there any interest charged for delayed payment of gratuity?

Created by Gokila Aruchamy, Modified on Thu, 20 Apr 2023 at 04:18 PM by Gokila Aruchamy

Is there any interest charged for delayed payment of gratuity?


An employer is liable to pay interest at the simple interest rate as notified by the Central Government from the date on which the gratuity is payable to the date it is actually paid.


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