Employers hand out gratuity to employees as a token of appreciation for their long-term service. Gratuity is given as a financial benefit to those workers who serve an organisation for at least five ...

Learn how to calculate gratuity for a Rs 55,000 basic salary with 5.5 years of service. Understand eligibility, the formula, and factors affecting your gratuity payout for better financial planning.

Retirement Planning: The number of years and the last-drawn basic salary of an employee are used to calculate the gratuity amount. Gratuity is a token of appreciation from an employer to an employee ...

To calculate the monthly pension under the Employees' Pension Scheme (EPS), you need to have completed at least 10 years of service. Let's determine the monthly pension for someone with a basic salary ...