What is the percentage of Gratuity? How it is calculated on Basic Salary?

arjun-kella1

What is the percentage of Gratuity? How it is calculated on Basic Salary?
20th February 2020 From India, Ongole

vmlakshminarayanan

919

Hi, The formula for Gratuity is last drawn Basic salary x 15/26 * number of years completed by the employee.
20th February 2020 From India, Madras

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What is the percentage of Gratuity? How it is calculated on Basic Salary?

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