What is the percentage (%) of gratuity?

Created by Product Content Team, Modified on Tue, 1 Jul at 11:08 PM by Product Content Team


Gratuity refers to a sum of money given voluntarily or as a token of appreciation to someone for their services or assistance. It is typically an additional payment beyond the agreed-upon compensation or wages.

Gratuity is computed as 4.81 percent of basic pay under the Payment of Gratuity Act 1972.


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