Hi Varun,
Formula for calculating gratuity in India is [ { (DA + Basic Pay ) / 26 } * 15 * Number of Years of Service ]
26 is the number of working days in a month.
You can refer https://www.easycalculation.com/finance/gratuity-calculation-india.php for further clarification and calculation.
Formula for calculating gratuity in India is [ { (DA + Basic Pay ) / 26 } * 15 * Number of Years of Service ]
26 is the number of working days in a month.
You can refer https://www.easycalculation.com/finance/gratuity-calculation-india.php for further clarification and calculation.