Question

Under Section 56, an employer must arrange to pay the amount of gratuity, once it becomes payable, within---

Q: Answer-Under Section 56, an employer must arrange to pay the amount of gratuity, once it becomes payable, w...

Section 563 requires the employer to arrange to pay the amount of gratuity within thirty days from the date it becomes payable to the person entitled. If not paid within this period, the employer is liable under Section 564 to pay simple interest at the notified rate from the date the gratuity becomes payable until it is paid. No interest is payable, however, if the delay is due to the employees fault and the employer has obtained written permission from the competent authority for the delayed payment.