Gratuity is a financial component offered by an employer to an employee in recognition of his/her service rendered to an organisation. It is a part of the salary an employee receives and can be viewed ...
Gratuity Calculation Formula/Gratuity Payment 2022 for Central Government Employees: The maximum retirement or death gratuity payable to a retired or deceased Central Government Employee is Rs 20 lakh ...
Gratuity Calculator: If you work in a company for several years, the company can give you a gratuity. But gratuity is not given to every employee as the government has made some rules for it. Only ...
Salaried employees receive gratuity payment as a part of their salary structure. Read on to know the formula and how it is taxed. Salaried employees receive gratuity payment as a part of their salary ...
For every salaried employee, gratuity acts as a crucial financial cushion after retirement or resignation. However, very few ...
Gratuity is an important financial security option for employed people in India, recognizing their years of hard work, loyalty, and dedication. Whether you work in the private sector or the government ...
Gratuity Calculation: An important thing about gratuity calculation is that if an employee works for more than 6 months, it will be calculated as one year. An employee will get the gratuity only if he ...
Gratuity Calculator India 2020: Gratuity refers to an amount of money, which an employer pays to employees in return for services offered to the company. Section 4(2) of the Gratuity Act says that for ...
With the new labour law coming into effect on February 2, the old gratuity calculation scheme shall apply to private sector employees under unlimited contracts until their contracts are renewed to ...
Limited or fixed contract - According to this type of contract, the employee agrees to work in the company for a specific number of years. Unlimited contract - This type of contract doesn't limit the ...