how the gratuity gets calculated. Can anyone help.

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  • madankarmukta
    Contributor
    • Apr 2008
    • 308
    #1

    how the gratuity gets calculated. Can anyone help.

    how the gratuity gets calculated. Can anyone help.
    Tags: None
    • Naheedmir
      New Member
      • Jul 2020
      • 62
      #2
      The following formula is used to calculate gratuity
      Gratuity = n*b*15/26
      Where n = No. of years served in the company
      b = last basic salary + dearness allowance

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