What is Gratuity — Calculation Formula & Rules Explained

You’ve been working at the same company for 5 years. You finally decide to resign. HR processes your full and final settlement. Along with your last salary, you see a separate amount — ₹1,44,000 credited as “Gratuity.” You didn’t expect it. You didn’t apply for it. It just appeared. Most Indian employees know that gratuity … Read more