How is Gratuity calculated?

Created by Gokila Aruchamy, Modified on Thu, 20 Apr, 2023 at 3:52 PM by Gokila Aruchamy

How is Gratuity calculated?


The Payment of Gratuity Act, 1952 stipulates the following formula for calculation of Gratuity. 


Last drawn salary (Basic+DA)/26*15* Number of years of experience.


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