| Payment Type | Legal Deadline | Penalty for Delay | Interest Rate |
|---|---|---|---|
| Final Wages | 2nd working day after last working day | Fine up to ₹25,000 | Simple Interest @ 15% p.a. |
| Gratuity | Within 30 days from eligibility | Penalty up to 10 × Gratuity Amount | Simple Interest @ 15% p.a. |
| EPF Settlement | Within 30 days from application | Penal Damages @ 12% p.a. | 12% per annum |
| Bonus Payment | Within 8 months from Financial Year End | Fine up to ₹7,500 | Simple Interest @ 15% p.a. |
| Leave Encashment | No Statutory Timeline | Contractual Breach Implications | As per Employment Terms |