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To calculate gratuity for employees under this category, the formula is: Sum of last month emoluments.
In The Formula, The Values Are The Following.
Sum of last month emoluments.
The Karnataka Government Officially Introduced The Karnataka Compulsory Gratuity Insurance Rules, 2024 (“Gratuity Rules” Or “Rules”) On January 10, 2024.
All the figures are indicative.
For Employers Not Covered Under The Gratuity Act:
Images References :
The Formula Used By Our Online Gratuity Calculator Is:
Using a gratuity calculator is quite simple and involves the following steps:
(15 * Your Last Drawn Salary * The Working Tenure) / 30.
In the formula, the values are the following.
Et Money's Gratuity Calculator Can Help You Calculate The Gratuity Amount In Two Scenarios: