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Interest on interest

(Querist) 22 April 2016 This query is : Resolved 
Dear Members,

If gratuity delayed by more that 30 days and no interest is paid on that and employee accepts it without question, can he ask for interest in future and is he eligible for interest on interest amount.
Kumar Doab (Expert) 22 April 2016
Employee can.

Payment of Gratuity Act, 1972 is s statue and lays down the payment of interest.
Rajendra K Goyal (Expert) 22 April 2016
He should ask for the interest.


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