Gratuity is an important financial security provided to employees as a reward for their long-term service. It is regulated under the Payment of Gratuity Act, 1972. If you have a last-drawn salary ...
If a company falls under the Payment of Gratuity Act of 1972, it cannot count itself out. On that note, let’s find out your gratuity amount for Rs 39,000, Rs 59,000, and Rs 66,000 last-drawn basic ...
Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...
Calculator.io unveils its Tip Calculator, revolutionizing gratuity calculations for dining and service-related industries with user-friendly features. LAS VEGAS ...