Mmo 2024 Gratuity Meaning . Gratuity is the amount paid by an employer to the employee for the services rendered by him/her during the period of employment. You have rendered continuous service of 7 years and the employer.
The last drawn salary here is the gross salary, which includes the basic salary and the dearness. Gratuity amount = (15 x last drawn salary x tenure of working) /26.
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