Question

Under Section 53, for every completed year of service (or part in excess of six months), gratuity is payable at the rate of---

Q: Answer-Under Section 53, for every completed year of service (or part in excess of six months), gratuity is...

Section 532 provides that for every completed year of service or part thereof in excess of six months, the employer shall pay gratuity at the rate of fifteen days wages or such number of days as may be notified by the Central Government, based on the rate of wages last drawn. For a seasonal establishment employee not employed throughout the year, the rate is seven days wages per season. For fixed term or deceased employees, gratuity is paid on a pro rata basis.