Mmo 2024 Gratuity Eligibility. Organisations employing 10 or more individuals over the past year are required to provide gratuity. 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.
In the case of seasonal establishment, gratuity is payable at the rate of seven days wages for each season. It gives employees and employers essential knowledge on how gratuity is calculated, when it is due, and how to comply with legal requirements and eligibility criteria.