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Tag: calculated

Gratuity Calculation: What is the gratuity to the employees, how it is calculated, understand the complete math

If you work for a long time in a company, then you get gratuity in addition to salary, pension and provident fund. It can be treated as a reward. New Delhi. It is possible that the government may soon reduce the period of gratuity. Discussion is going on about this. The government is considering reducing the time of […]

Gratuity Calculation: How is gratuity calculated and when you get exemption from income tax, get details here

Gratuity Calculation : Salaried employees, except temporary or contract employees, are entitled for payment of gratuity after completion of a certain period of employment in the same organization. As per the Gratuity Act 1972, an employee becomes eligible to receive gratuity amount after completing five consecutive years of service in an organization. The amount of […]

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