gratuity calculation formula
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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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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..
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