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Gratuity for Employees | | Gratuity Formula
Gratuity calculation in India | Online gratuity calculator
Gratuity calculator: As a mark of appreciation for the employee's performance, the employer pays a gratuity to him or her. Employers are required to pay this amount to employees who have served their organization for at least five years under the Payment of Gratuity Act 1972. In this case, however, the number of service years remains crucial. In light of this, it is important that the amount of gratuity received remains proportional to the number of years of service.