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Tag: math

8th Pay Commission: Can salaries double under the 8th Pay Commission? Understand the math behind the fitment factor.

8th Pay Commission: Can salaries double under the 8th Pay Commission? Understand the math behind the fitment factor. – Advertisement – 8th Pay Commission: The 8th Pay Commission process has begun, and discussions are raging regarding the fitment factor. This factor determines the salary and pension increase. If the fitment factor is 2.0, the basic […]

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 […]

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