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Gratuity Calculation Explained: How much will you get on Rs 60,000 last-drawn basic salary & 7.5 years of service?
Gratuity is a crucial financial benefit designed to provide monetary security to employees during key milestones such as resignation, retirement or unforeseen events. If your last-drawn basic 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 ...
Employers usually include gratuity and the employer's contribution to the Employees' Provident Fund (EPF) in the CTC (cost to ...
Unsure about UAE gratuity? See how your salary and the two-year cap affect your payout Many workers are unsure whether their end of service benefits include just their basic salary or the full gross ...
What is service requirement to be eligible for gratuity? Employees are eligible for gratuity after completing 5 years of continuous service with the same employer, as per the Payment of Gratuity Act, ...
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