![]() Gratuity = Last drawn salary x (15/30) x Number of years of service If that is the case, the number of working days in a month changes to 30 days instead of 26 days. You can be paid a gratuity even if the organisation is not covered under the Act. Months more than five are rounded off to the following year.Ĭategory 2: Employees not covered under the Act The four months is below 5, so it is rounded off to 10. 80,000 as your last basic salary with 10 years four months of employment tenor, then the gratuity amount you will receive as per the formula is:
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