Gratuity is payable to employees who have completed 5 years of continuous service and is calculated on basic. Formula is (Basic +DA)/26*15*no. of years of employment.It is payable from the date of joining.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute