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What is the formula for the calculation of Gratuity?

Answer Posted / varghese mathew

Last Salary drawn (Basic + DA)/26 X 15 X No. of years of
continuous service (Eligibility is min. 5 years), if served
for more than 5 years & 6 months will be counted as 6 years
and less than 6 months will not be counted.

Is This Answer Correct ?    9 Yes 2 No



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