Section 52(1) in Life Insurance Corporation of India (Staff) Rules, 1960
(1)An employee shall commence to draw the salary of a post to which he is appointed from the date he assumes charge of the post if such charge is assumed in the forenoon, and from the following day if the charge is assumed in the afternoon; and shall cease to draw the same from the day he relinquishes charge, if the charge is relinquished in the forenoon and from the following day if the charge is relinquished in the afternoon.Provided that in the case of an employee who dies while in service, salary shall cease to be payable with effect from the day following that on which death occurs.
