What is 15/26 in Gratuity Calculation

what is 15 26 in gratuity calculation

The formula to calculate the gratuity of an employee is (basic salary+DA /26) X 15 X No of years of service. Here 26 is the number of estimated working days in a month and 15 represents the 15 days salary in a month … Read more

How To Claim Gratuity After Resignation

How to Claim Gratuity After Resignation

Have you completed 5  years of service in your organization and are you in a plan to leave your organization then you can claim your gratuity amount. Here you can know complete details on how to claim gratuity after resignation. Claiming gratuity amount is … Read more

How To Calculate Gratuity For Private Sector Employees

Gratuity is a retirement benefits scheme given to the employee who will complete minimum 5 years of service in an establishment. Gratuity act 1972 will be applicable for every organization which employs more than 10 employees. Here you can know complete details about payment of … Read more