How to calculate interest on delayed gratuity? Is there any formula or excel sheet for the same.
From India, Pune
Acknowledge(0)
Amend(0)

KK!HR
1656

The interest rate is prescribed by the appropriate government. The Central Government had earlier set a 10% simple interest rate. You may check with the respective authority, and the calculation is simple.
From India, Mumbai
Acknowledge(0)
Amend(0)

Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2025 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.