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Category: Gratuity

Understanding Gratuity Rules: Instances When Gratuity Prohibition Arises
May 30, 2023

Understanding Gratuity Rules: Instances When Gratuity Prohibition Arises

Introduction Gratuity is a significant financial benefit provided to employees as a token of appreciation for their long-term service to an organization. It serves…

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How to Use a Recurring Deposit Calculator
April 3, 2023

Understanding Gratuity: What it is and How it Works for Employees

Introduction: What is Gratuity? Gratuity is a lump sum payment made by an employer to an employee as a reward for their long and…

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How to Use a Recurring Deposit Calculator
March 20, 2023

Can we file multiple claims for gratuity exemption?

Introduction: Gratuity is a type of current salary, and any money you get is added to your annual income under the heading “Income from…

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How to Use a Recurring Deposit Calculator
February 20, 2023

What is the new policy for gratuities in 2023?

New Policy on Gratuities: Employers can show their appreciation for their employees’ work by giving them a lump sum known as a gratuity. Certain…

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February 8, 2023

Gratuity Regulations 2023

The Payment of Gratuity Act of 1972 defines gratuity as the amount of money an employee receives from his employer. This is all you…

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