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zeebiz.com
Death Gratuity Calculator: Know your entitlements; check how to calculate it
Death Gratuity Calculator: In case of death or disablement there is no minimum eligibility period. The gratuity amount depends upon the tenure of service and last drawn salary
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Take this money before leaving job - Gratuity 💸 🔶But how to calculate gratuity amount? 🔶As per Payment of gratuity Act, 1972; Gratuity amount is calculated as - Your last drawn salary × tenure of working × 15/26 🔶Last drawn salary includes your basic salary & dearness allowance 🔶If the number of years you gave worked in the last year of employment is more than 6️⃣months, then it is rounded of the nearest figure 🔶Under the gratuity act, employer is liable to pay maximum 20 lacs as gratuity
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