Under the payment of Gratuity Act, 1972. Gratuity to an employee payable on ______.

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Under the payment of Gratuity Act, 1972. Gratuity to an employee payable on termination of employment on superannuation, termination of employment on resignation and termination of employment on death. Explanation: Under the Payment of Gratuity Act, 1972, gratuity is paid to an employee on termination of employment due to superannuation (retirement), resignation, death, or disablement. It is a lump-sum benefit for long service.

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