Question

An employer fails to pay gratuity within the prescribed time. What is he liable to pay in addition to the gratuity?

1.
Nothing, if he pays within one year
2.
Interest on the delayed amount
3.
A fixed fine of Rs 1,000
4.
Double the gratuity amount
Answer (Detailed Solution Below)

Option 2 : Interest on the delayed amount

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Detailed Solution

सही उत्तर Interest on the delayed amount है।

Key Points

If gratuity is not paid within the prescribed time, the employer is liable to pay interest on the delayed amount.

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More Domain-Specific Questions

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Question:

An employer fails to pay gratuity within the prescribed time. What is he liable to pay in addition to the gratuity?

1.
Nothing, if he pays within one year
2.
Interest on the delayed amount
3.
A fixed fine of Rs 1,000
4.
Double the gratuity amount

Correct Answer: Interest on the delayed amount

If gratuity is not paid within the prescribed time, the employer is liable to pay interest on the delayed amount.

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