What is the qualifying service to claim gratuity?

15 years

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10 years

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5 years

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No such prescription

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Solution

The correct option is C 5 years
Gratuity is a type of after service payment to the employees who have fulfilled certain conditions of the job. According to the Payment of the Gratuity Act, 1972 the maximum amount of gratuity which can be paid to a employee is 10 lakh rupees only after completion of a qualifying service of 5 years.

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