Wednesday, October 30, 2024

Gratuity Calculatior

Gratuity Calculator

Gratuity Calculator

Gratuity Calculation Result

.......................................................................................................................................................................... Features Explained: Inputs: Basic Salary: Enter the monthly basic salary. Years of Service: Enter the total number of completed years of service. Organization Type: Choose between "Government" and "Private" organization types, as the gratuity formula may differ. Calculation Formula: Gratuity Rate: For simplicity, the calculator applies a rate of 15 days for government employees and 26 days for private employees, based on the respective gratuity formulas: Government formula: (BasicSalary×YearsofService×15)/30 Private formula: (BasicSalary×YearsofService×26)/30 Result: Clicking “Calculate Gratuity” will display the Estimated Gratuity Amount in the result section, making it easy to understand the calculated gratuity payout.

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