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Question
When was the Payment of Gratuity Act passed?
When was the Payment of Gratuity Act passed?
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Solution
The correct option is C 1972
In the year of 1972, Payment of Gratuity Act was passed. Gratuity is one of the retirement benefits received by the employees when they leave a company. In order to receive gratuity, an employee must serve 5 years to a company.
In the year of 1972, Payment of Gratuity Act was passed. Gratuity is one of the retirement benefits received by the employees when they leave a company. In order to receive gratuity, an employee must serve 5 years to a company.
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