Gratuity Calculation In CTC: How It Affects Your Salary Structure - Understand Formula With Example
Employers in India pay gratuity to employees leaving after five years of service, as per the 1972 Act. It's 15 days' wages per year, about 4.81% of the annual basic salary.
Employers in India pay gratuity to employees leaving after five years of service, as per the 1972 Act. It's 15 days' wages per year, about 4.81% of the annual basic salary.
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