Employer Liable to Pay 10% Interest for Delayed Gratuity Payment as Per Central Government Notification: Jharkhand High Court
In a significant ruling, a single judge bench of the Jharkhand High Court, led by Justice Anubha Rawat Choudhary, has held that employers must pay interest at a rate of 10% per annum if they fail to pay gratuity within the specified time period. This decision came after the case of Tata Steel Limited, where the management failed to pay the gratuity to the respondent employee, leading the employee to…
