Investment
How To Calculate Gratuity Benefit ?
How To Calculate Gratuity Benefit ? - Gratuity is being paid by all the establishment in India having more than 10 employees and fall under gratuity act. Gratuity is the component of salary paid to employees after five years of continuous service in organization. The Amount paid under Gratuity are Exempted under Income Tax. Read No Tax on Gratuity for Details The Component of salary consider for calculation of Gratuity are Basic Pay and dearness allowance. The length of service...
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