Learn how to calculate gratuity for a Rs 55,000 basic salary with 5.5 years of service. Understand eligibility, the formula, and factors affecting your gratuity payout for better financial planning.

Pension calculation for PSU employees: There is no separate formula for calculating pension of retired employees of Public Sector Undertakings (PSUs) under EPS 1995, Minister of State for Labour and ...

Present value (PV) is calculated by discounting the future value by the estimated rate of return that the money could earn if ...

Gratuity calculation for monthly rated, piece rated and seasonal employees under Payments of Gratuity Act 1972: Payment of Gratuity is a ‘Defined benefit’ provided to an employee as a lump sum, on his ...