how will calculate gratuity.
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We will consider only the last drawn salary even though
basic salary changed every year of a employee.
(Last drawn salary (basic+DA)*total years of service*15)/26
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Answer / aman
gratuity=last month salary/26*15days*number of year
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / taruna
Gratuity = last month Salary (BASIC+DA) X 1/2(total years of service)
For Ex. = basic is 10000, DA is 500 & total working year is 7, calculation will be :-
(10000+500)x3.5= 36750
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