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.

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