About Gratuity and How to Calculate Gratuity

Calculate Gratuity

Today we talk about About Gratuity and How to Calculate Gratuity. Gratuity is a total amount of money which a client or an employer pays to an employee for the services rendered to the company. Unlike provident fund, the employer pays the gratuity without any contribution from the employee. Gratuity is payable only to the employees who have completed 5 or more years with the company, under the Payment of Gratuity Act passed in the year 1972. About Gratuity and How to Calculate Gratuity Gratuity is payable only to the…

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