Umakanthan53
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What is the present rate of interest on delayed payment of gratuity?
From India, Durgapur
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).
From India, Salem
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