https://www.taxtmi.com/acts?id=40284 Employers must pay gratuity for each completed year of service or part exceeding six months at fifteen days' wages based on the last drawn wage; for monthly rated employees this is computed by dividing the last monthly wage by twenty six and multiplying by fifteen. Piece rated employees' daily wage is the average of total wages in the three months before termination excluding overtime. Seasonal employees receive seven days' wages per season. The amount payable is subject to a statutory maximum and is the employer's liability. en-us Wed, 22 Sep 2021 16:11:15 +0530 Wed, 22 Sep 2021 16:11:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40284 Employers must pay gratuity for each completed year of service or part exceeding six months at fifteen days' wages based on the last drawn wage; for monthly rated employees this is computed by dividing the last monthly wage by twenty six and multiplying by fifteen. Piece rated employees' daily wage is the average of total wages in the three months before termination excluding overtime. Seasonal employees receive seven days' wages per season. The amount payable is subject to a statutory maximum and is the employer's liability. Act-Rules Income Tax Wed, 22 Sep 2021 16:11:15 +0530 https://www.taxtmi.com/acts?id=40284