If a company falls under the Payment of Gratuity Act of 1972, it cannot count itself out. On that note, let’s find out your gratuity amount for Rs 39,000, Rs 59,000, and Rs 66,000 last-drawn basic ...
Gombe State Governor, Muhammadu Inuwa Yahaya, CON, has once again demonstrated his administration’s deep commitment to the ...
Retirees across Yobe State have expressed deep appreciation to Governor Mai Mala Buni for approving the sum of N7.9 billion for the payment of outstanding gratuities owed to both state and local ...
What is gratuity? When is it received? Gratuity is a form of payment that employers make to their employees, acknowledging their loyalty, dedication and services rendered to the company. Gratuity is ...
The Orissa high court has ruled in favour of a retired bank officer. The court upheld a 10% interest on delayed gratuity ...
Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...
The Andhra Pradesh High Court has held that financial incapacity cannot be used as a defence by the State institutions for ...
Parliament passes Payment of Gratuity (Amendment) Bill with voice vote; legislation will enable the government to enhance ceiling of tax free gratuity to Rs 20 lakh from the existing Rs 10 lakh for ...
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Gratuity in India: What it is, who is eligible, calculation formula and key rules | EXPLAINED
Ever wondered if you are leaving money on the table when leaving your job? Gratuity could be your hidden reward for years of ...
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Gombe gov disburses ₦8.2bn gratuity to over 3,000 retirees
Governor Muhammadu Yahaya of Gombe State has announced the disbursement of ₦8.2 billion to clear part of the backlog of ...
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