Q406
An employee retires from a factory after putting in 28 (twenty eight) years of service. The last wages drawn by him per month before retirement was Rs. 39,000. What is the amount of gratuity to be paid by his employer under the Payment of Gratuity Act, 1972?
A.
Rs. 5,46,000
B.
Rs. 6,16,000
C.
Rs. 5,89,000
D.
Rs. 6,30,000
AnswerAnswer: Option D
Solution
Answer: Option D
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