Gratuity- Post Amendment- New Limit, Eligibility, Formula, Taxation and Calculator

Gratuity- Post Amendment- Learning
Gratuity – New Limit, Eligibility, Formula, Taxation and Calculator
The Parliament passed the Payment of Gratuity (Amendment) Bill. This will increase the limit amount to Rs.20 Lakh from the existing Rs.10 Lakh. This is applicable for central govt employees and also private sector employees (organized sectors).
to Know more click on the Link below
https://arghaa.com/news/gratuity-pos...t-learning/663

Gratuity Calculation: (Basic + DA * (15/26) * (Number of years of service) = 00

Increase the limit amount to Rs. 20 Lakh from the existing Rs. 10 Lakh.

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