Delayed gratuiuty payment
cjpatel
(Querist) 28 June 2016
This query is : Resolved
Greetings of the day,
I wanted to know what is the current (FY 2016-2017) rate of interest on delayed payment of gratuity to be paid for a 5 months delay in payout.
Regards,
CJPatel
Kumar Doab
(Expert) 28 June 2016
It has been 10%pa.
You may recheck with ALC/DLC in nearest o/o Labor Commissioner (Central/ State).