Gratuity for government employees is tax-free; however, it is taxable for private employees if the amount is more than Rs 20 ...

Gratuity is a crucial financial benefit designed to provide monetary security to employees during key milestones such as resignation, retirement or unforeseen events. If your last-drawn basic salary ...

How is gratuity amount calculated? The number of years and the last-drawn basic salary of an employee are used to calculate the gratuity amount. If a company falls under the Payment of Gratuity Act of ...

A lump-sum benefit employers pay employees as a reward for loyalty & long service. Gratuity = (Last Drawn Salary × 15 × No. of Years Worked) ÷ 26. Offer letters show gratuity as 4.81% of your annual ...

Are you about to complete 10 years of continuous service in your organisation? Let's calculate how much gratuity you may get ...

Unsure about UAE gratuity? See how your salary and the two-year cap affect your payout Many workers are unsure whether their end of service benefits include just their basic salary or the full gross ...