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1. 15 days' salary based on salary last drawn for every completed year of service
or part thereof in excess of 6 months;
2. Maximum of Rs.3,50,000;
1. 15 days' salary based on salary last drawn for every completed year of service;
2. Maximum of Rs.3,50,000;
Note 1: While calculating completed years of service, any fractionof the year will be ignored.
Note 2: Salary is calculated on the basis of the average last 10 months salary preceding
the month of payment.