Question

According to Payment of Gratuity Act $1972$, if we calculate gratuity for completed one year ______ days salary is given in gratuity

• A. $15$
• B. $10$
• C. $30$
• D. $25$

Answer 1

The correct option is A $15$

The Gratuity Act provides for payment of gratuity as retirement benefits to the employees. Gratuity is calculated at fifteen days of wages for each year of completed services subject to a ceiling. Hence according to payment of Gratuity Act 1972, if we calculate gratuity for one completed year 15 days salary is given in gratuity.