Employment
Gratuity Kya Hai? — Matlab, Definition & Example
Definition
Gratuity employer dwara employee ko di jaane wali lump sum payment hai jab wo 5 saal ya usse zyada kaam kar chuka ho. Formula: (Last salary × 15/26) × Years of service.
💡 Real Example
If your last drawn salary is ₹60,000 and you've worked for 10 years, your gratuity = (60,000 × 15/26) × 10 = ₹3,46,154.
🇬🇧 English Mein (Gratuity)
Gratuity is a lump sum benefit paid by employers to employees who have completed at least 5 years of continuous service. Under the Payment of Gratuity Act, 1972, the formula is: (Last drawn salary × 15/26) × Years of service. Maximum exempt amount is ₹20 lakh for private sector.
❓ Common Questions
Gratuity kya hai simple words mein?
Gratuity employer dwara employee ko di jaane wali lump sum payment hai jab wo 5 saal ya usse zyada kaam kar chuka ho. Formula: (Last salary × 15/26) × Years of service.
Gratuity ka ek example do?
If your last drawn salary is ₹60,000 and you've worked for 10 years, your gratuity = (60,000 × 15/26) × 10 = ₹3,46,154.
Gratuity ko English mein kya kehte hain?
English mein ise Gratuity kehte hain. Gratuity is a lump sum benefit paid by employers to employees who have completed at least 5 years of continuous service. Under the Payment of Gratuity Act, 1972, the formula is: (Last drawn salary × 1