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How gratuity is calculated and provisioned, and what are the implications of net profit ?

Finance
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Question added by Khurrum Iqbal , Senior Accounts Manager , JAAZ Engineering & Trading Services
Date Posted: 2014/04/04
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by Deleted user

Gratuity is calcualted as1/2 months salary for the number of completed year of service. or5 laksh whichever is less....

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