Economy, asked by DMNS, 10 months ago

What Is Meant By Payment Of Gratuity Act ?????

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Answers

Answered by vinaysancheti2512
1

Gratuity is a sum of money paid by an employer to an employee for services rendered in the company. However, gratuity is paid only to employees who complete 5 or more years with the company. It can be understood as a form of tip paid by employer to the employee for services offered in the company.

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