vasavi, upto 10 L it is I.T.exempted. Companies can pay more also, no ceiling for pvt companies but 10L is the limit for Govt employees. Pon
From India, Lucknow
604From India, Lucknow
Dear Riyazbasha
Both calculations will give you the same result. However, the second one will have more clarity about the logic to be used. This is the perfect calculation and you go on calculating with number of years (service) completed by the person.
Sudhakaran
From India, Bangalore
Both calculations will give you the same result. However, the second one will have more clarity about the logic to be used. This is the perfect calculation and you go on calculating with number of years (service) completed by the person.
Sudhakaran
From India, Bangalore
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Madras HC judg regarding gratuity is applicable if workmen is working 4 years 240 days..pdf