Mmo 2024 Gratuity Act

Mmo 2024 Gratuity Act. This gratuity has to be paid to every employee who is or has been in the continuous employment of the employer during the year. According to the gratuity act, any company employing ten or more employees is legally required to pay gratuity to eligible employees.

Mmo 2024 gratuity act meggy silvana, every company, public or private, having 10 or more employees is mandated to pay gratuity to its employees. The act provides for payment of gratuity at the rate of 15 days wage s for each completed year of service subject to a maximum of rs.