Accountancy, asked by Mrugank1790, 1 year ago

gratuity calculation formula

Answers

Answered by Helly101

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.

Answered by Anonymous

It is calculated according to this formula = last drawn salary × number of complete years of service × 15/26.

Gokul0Indhalur: bro.pls tell what is gratuity..

Gokul0Indhalur: oh. tnk u bro

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