Bitcoin-The New Crypto Currency in The World

Bitcoin

Bitcoin is the type of digital currency and is also called crypto-currency; which use the encryption techniques to manage the generation of units of currency and verify the transfer of funds, operating independently of a central bank. It is an innovative payment network and a new kind of money. An unknown programmer or a group of programmers invented it, under the ‘Satoshi Nakamoto’ and released as open-source software in 2009. Bitcoin-The New Crypto Currency Bitcoin uses peer-to-peer technology to work with no central authority or banks; managing transaction and the…

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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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