Gratuity & PF calculation & New Changes in rule ?



Gratuity & PF calculation & New Changes in rule ?..

Answer / gaurab kar

Gratuity=15/26*last salary drawn*Number of year worked.
Employee who worked less than 5 year are not eligible for it.

PF=12% from employee contribution(on basic) &
13.61 % on employer contribution (on basic)

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