Are you about to complete 5 years of continuous service in your organisation? In case your organisation comes under the Payment of Gratuity Act, 1972, the following information is worth a read for you ...

(Pensionable Salary X Pensionable Service)/70 = (15,000x17)/70 = Rs 3,642. Individuals may get around Rs 3,642 as a pension for their service period of 17 years.

8th Pay Commission Salary Calculation Formula: The central government has approved the Eighth Pay Commission. It was given the green light in Tuesday's cabinet meeting. Union Minister Ashwini Vaishnav ...

Foreign full-time workers qualify for gratuity after one year of continuous service. Employers must pay wages and other ...