How is gratuity calculated?
0:33
YouTubePRIMUS COMPLIANCE HUB
How is gratuity calculated?
In this video, we explain how gratuity is calculated for employees covered under the Payment of Gratuity Act, 1972 (excluding government employees). Learn the step-by-step formula, what “last drawn salary” includes, how the number of years of service is counted, and why 15/26 is used in the calculation. #Gratuity #GratuityCalculation # ...
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