How to Calculate Gratuity in India ?
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HOW TO CALCULATE GRATUITY IN INDIA ?
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What is Gratuity ?
Certain amount paid by the employer to the employee as a gratitude for his service to the organization more than 5 years.
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To Whom It is Applicable
Gratuity can paid to employees When he / she has attained the age to
leave employment. When he / she resigns the job after 5
years of service. Death Disability
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Gratuity Calculation in India
Gratuity can be calculated based on your years of service using the formula :
Gratuity = [ {Salary / 26 } x 15 days x No. of years of service ]
Where,
Salary = Basic + Dearness Allowance
26 = No of working days in a month
15 = Salary of 15 days.
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Gratuity Calculation in India
With all these values you can simply know your gratuity benefits in India with Gratuity Calculator.
You can follow the steps and check out your gratuity.
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STEP 1 : Visit Easycalculation.com
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Step 2 : Click Accountancy on the left tree and select finance calculators.
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Step 3 : Click Gratuity Calculation India under Interest and Deposit Calculators
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Step 4 : Enter the values and click calculate
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Now you can calculate by just clicking Gratuity Calculator for India.
Thank You !!!For more interesting calculators visit :
https://www.easycalculation.com