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What is the formula for the calculation of Gratuity?
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Answer Posted / rohit rana
No. of years= who has completed more than 240 days in a
respective years during service.
Means someone who has completed 10 years in a service but
only in 6 years who has attended more than 240 days.
So, Gratuity = Basic+D.A.(Suppose 5000)/26*15*No. of years
who has attended more than 240 days(6)
Gratuity=17307.69
| Is This Answer Correct ? | 17 Yes | 11 No |
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