Gratuity for government employees is tax-free; however, it is taxable for private employees if the amount is more than Rs 20 ...
Are you about to complete 10 years of continuous service in your organisation? Let's calculate how much gratuity you may get ...
Currently, a tax-free gratuity up to Rs 10 lakh is applicable to formal sector workers leaving a job after five or more years of service, or at the time of superannuation. Gratuity calculation is ...
Gratuity is an important financial security provided to employees as a reward for their long-term service. It is regulated under the Payment of Gratuity Act, 1972. If you have a last-drawn salary ...
How is gratuity amount calculated? The number of years and the last-drawn basic salary of an employee are used to calculate the gratuity amount. If a company falls under the Payment of Gratuity Act of ...
Gratuity is a one-time payment made by your employer as a gesture of appreciation for your long-term service. As per the Payment of Gratuity Act, 1972, you are eligible if you have completed at least ...