Mmorpg 2024 Gratuity Act. Gratuity is a vital financial benefit provided to employees in india, governed by the payment of gratuity act, 1972. Use cleartax online gratuity calculator to know gratuity amount of money you will get on retirement.
The payment of gratuity act, 1972 is an act that makes the payment of gratuity mandatory for employers to their employees. Under the gratuity rules 2024, an organisation must pay workers gratuity benefits in case it employed ten or more individuals in the previous twelve months.