Gratuity Calculation: What will be your gratuity for Rs 28,000, Rs 43,000, and Rs 67,000 last-drawn basic salary after 7 years and 3 months of service?
Gratuity is a payment made by an employer to an employee as a token of appreciation for his/her long service within the same organisation for at least a period of 5 years. Significantly, any service duration of 6 months and above is considered to be a full year. Organisations with 10 or more workers need…
