Audacity 2024 Gratuity Formula

Audacity 2024 Gratuity Formula. Gratuity = (15 × last drawn salary × working tenure)/30. For example, you started the job in 2019 and resigned in 2024.

For instance, if you have worked for a company for seven years, the organisation is not covered under the gratuity act. Use cleartax online gratuity calculator to know gratuity amount of money you will get on retirement.