Gratuity is the amount paid to employees in recognition of their continuous service, honouring their hard work and contributions. Gratuity is one component that the government has placed on par with ...
For every salaried employee, gratuity acts as a crucial financial cushion after retirement or resignation. However, very few people fully understand how gratuity is calculated, how it is taxed, and ...
The gratuity is a single lump sum payment awarded to an employee in recognition of their extended service. This amount is determined by the employee's final salary and length of service. The gratuity ...