Business Studies, asked by Kanandpatel1331, 11 months ago

Days for calculating gratuity of employee covered under gratuity

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Answered by Anonymous
0

In case of death or disablement there is no minimum eligibility period. The gratuity amount depends upon the tenure of service and last drawn salary. It is calculated according to this formula: Last drawn salary (basic salary plus dearness allowance) X number of completed years of service X 15/26.


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