New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Number of days in a month for purposes of computing

    taxable gratuity in case the employee is covered under the Payment of gratuity Act, 1972, are?
    A 26 Correct Answer Incorrect Answer
    B 25 Correct Answer Incorrect Answer
    C 30 Correct Answer Incorrect Answer
    D 31 Correct Answer Incorrect Answer

    Solution

    For the purpose of computing taxable gratuity for an employee covered under the Payment of Gratuity Act, 1972, the number of days in a month is considered as 26.

    Practice Next