Gratuity Calculation: Know your gratuity for Rs 35,000, Rs 55,000 & Rs 75,000 last-drawn basic salary after 7 years 5 months of service?
Retirement Planning: The number of years and the last-drawn basic salary of an employee are used to calculate the gratuity amount. Gratuity is a token of appreciation from an employer to an employee for their long-term service, usually after a minimum of 5 years of service. To your surprise, any service period of 6 months…