What is Gratuity and How to Calculate Gratuity in Telugu

What is Gratuity in Telugu: Every employer who is employer 10 or more than 10 employee will be eligible for gratuity act 1972. Employees who work minimum 5 years in a company will become eligible for Gratuity. Gratuity calculation formula…

What is Gratuity and How to Calculate Gratuity in Telugu

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What is Gratuity in Telugu: Every employer who is employer 10 or more than 10 employee will be eligible for gratuity act 1972.
Employees who work minimum 5 years in a company will become eligible for Gratuity.
Gratuity calculation formula = (Basic Salary/26) x 15 x No of years of service

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