Mmo 2024 Gratuity Act. Under the gratuity rules 2024, a worker is entitled to fifteen days salary for every finished year of service up to a maximum of twenty lakhs. Only those employees who have been employed by.
Governed by the payment of gratuity act, 1972, gratuity is a legal obligation for employers in india. 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.