The formula to calculate the gratuity of an employee is as follows: Gratuity=Last drawn salaryx(15/26)xNumber of years of service In this case, 26 relates to ...

Gratuity Calculation Formula · Your gratuity cannot exceed Rs. 10 Lakh in its entirety. Any amount beyond this upper limit is called ex gratia payment. · Also, ...

But the number of days will be changed from 26 to 30 days. The Gratuity calculation formula is: Gratuity = (15 × last drawn salary × working tenure)/30.

Gratuity Amount is equal to one-fourth of the last-drawn basic salary of an employee for each completed six-month period. The retirement gratuity amount which ...

The total gratuity amount cannot exceed Rs. 10 lakh. Any sum beyond this limit is considered an ex-gratia payment. Additionally, if you have worked for 17 years ...

Use this gratuity calculator to estimate how much money you can receive as a gratuity after completing 5 years in your current company.

A Gratuity Calculator is a tool which helps an individual to estimate how much of gratuity they will earn once they retire. An individual will become ...

It is usually a percentage of the employee's total wages or salary for the entire period of service. The amount of gratuity payable is usually specified in an ...

Gratuity Amount = (15 * 30,000 * 25) / 30 = Rs. 3,75,000. This is how you can calculate gratuity using the formula ...

Gratuity is a lump sum amount that employers pay their employees as a sign of gratitude for the services provided. The gratuity rules are mandated under the ...