The Gratuity Act 1972, describes that the gratuity is payable to an employee after
completing 5 years of vesting period in case of resignation, termination or retirement.
However, the provision shall be done as per the accounting standard even if the Company
has not completed 5 years of operations. As per Para 72 of Ind AS 19/ Para 70 of AS 15,
Gratuity Provision shall be made even for service of less than 5 years.