Umakanthan53
Labour Law & Hr Consultant
Patrapkaiet
Teaching

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What is the present rate of interest on delayed payment of gratuity?
Provision for levying interest on delayed payment of gratuity by the Central Govt is provided for in Sec.7(3-A) of the Payment of Gratuity Act,1972. Thus the current rate of interest is 10% p.a (simple interest).
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