Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...

The Weatherhead School of Management, part of Case Western Reserve University, provides a succinct definition of break-even analysis on its Web site of the same name: “On the surface, break-even ...

Gratuity Calculations: When a government employee retires, they get quite a sizeable amount in the form of gratuity because of their long service. What can be the estimated gratuity for a government ...

Recently, a major change has been made to the gratuity rules under the new labour code. Now, gratuity will be given even ...