How is gratuity calculated?
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How is gratuity calculated?
In this video, we explain how gratuity is calculated for employees covered under the Payment of Gratuity Act, 1972 (excluding government employees). Learn the step-by-step formula, what “last drawn salary” includes, how the number of years of service is counted, and why 15/26 is used in the calculation. #Gratuity #GratuityCalculation # ...
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