Mmo 2024 Gratuity Formula

0 Comments

Mmo 2024 Gratuity Formula. You make rs 28,000, for instance. For employees under the purview of the gratuity act, the formula used for calculating the gratuity amount is as follows:


Mmo 2024 Gratuity Formula

Gratuity = number of years at work × (last month’s salary + d.a.) × 15/26. The gratuity amount payable depends on an employee’s last gross salary and the years of service completed.

Mmo 2024 Gratuity Formula Images References :

Related Posts