HOW TO CALCULATE GRATUITY END OF SERVICE : ONLINE CALCULATER : CALCULATE YOUR GRATUITY

HOW TO CALCULATE GRATUITY END OF SERVICE : ONLINE CALCULATER : CALCULATE YOUR GRATUITY
HOW TO CALCULATE GRATUITY END OF SERVICE : ONLINE CALCULATER : CALCULATE YOUR GRATUITY
The Central Government has given big gifts to private and public sector employees. Like central government employees, the private and PSU employees have also been paid taxpayer gratuity up to Rs 20 lakh. So far, this limit was Rs 10 lakh. For this, the government will soon introduce a bill in Parliament.
This government decision will benefit about 50 million people who work in private and public sector. The seventh pay structure commissioned by centrally employees recommended raising the limit of gratuity to Rs 20 lakh. On the basis of which the government and some state government employees have been applied for.
How Gratuity is Calculated
The gratuity amount depends upon the tenure of service and last drawn salary. It is calculated according to this formula: Last drawn salary (basic salary plus dearness allowance) X number of completed years of service X 15/26.
According to this formula, the time period of over six months or more is considered as one year.
This means if you have completed five years and seven months of service, the number of years would be considered as six years for calculation of gratuity benefit.
On the other hand, if the service period is five years and five months, for gratuity calculation it will be considered five years.
An employer can however give higher gratuity than the amount under the prescribed formula.
Maximum Amount
For government employees, Rs. 20 lakh is the maximum amount that can be paid as gratuity. The Seventh Pay Commission had recommended increase in the gratuity ceiling to Rs. 20 lakh from the earlier level of Rs. 10 lakh.
The rule applies to these organizations:
According to a statement issued by the government, the Gratuity Payments Act (1972) applies to the organization wherein 10 or more employees work. The main purpose of which is to provide financial security after the retirement of the employees. Often, even before the scheduled time limit for employee retirement, disability or otherwise will be retired for any other reason. In turn, gratuity can be the main source of income.
This is how Gratuity is calculated:
According to law, if an employee works continuously for at least five years in any organization, then the company has to pay a gratuity to it. For every year service, the company has to pay the same amount as 15 days of the final wage.
Salary means Basics Salary, Dearness Allowance and Commissions etc. It is included. Apart from this, if a person works for more than 6 months then his gratuity is considered to be a full year. For example, if a person works continuously for 7 years and 6 months, gratuity will be paid for 8 years.
One month work is counted as 26 days for gratuity calculations. For calculating 15-day wages, the monthly salary is multiplied by 15 by 26 divided by 26. This number is multiplied by the number of years of service and the amount that comes in is paid in gratuity form.
If the employee dies:
If an employee dies before serving five years, then this does not apply to the minimum 5 year rule. The remaining zodiac has to pay the employee's legal succession to the company. This is to be done within 30 days of each paid employee's final workday. If the payment is for more than 30 days then the interest is to be paid on that amount according to the law.

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BHAVNAGAR- VADH GHAT NA CAMP MOKUF RAKHAVA BABAT PARIPATRA DATE -20-6-2018.
BHAVNAGAR- VADH GHAT NA CAMP MOKUF RAKHAVA BABAT PARIPATRA DATE -20-6-2018.
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Research shows that student motivation and attitudes towards school are closely linked to student-teacher relationships. Enthusiastic teachers are particularly good at creating beneficial relations with their students. Their ability to create effective learning environments that foster student achievement depends on the kind of relationship they build with their students. Useful teacher-to-student interactions are crucial in linking academic success with personal achievement. Here, personal success is a student's internal goal of improving himself, whereas academic success includes the goals he receives from his superior. A teacher must guide her student in aligning her personal goals with her academic goals. Students who receive this positive influence show stronger self-confidence and greater personal and academic success than those without these teacher interactions.Students are likely to build stronger relations with teachers who are friendly and supportive and will show more interest in courses taught by these teachers. Teachers that spend more time interacting and working directly with students are perceived as supportive and effective teachers. Effective teachers have been shown to invite student participation and decision making, allow humor into their classroom, and demonstrate a willingness to play Online College Course..

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STD 1 TO 8 NEW 2018 SYLLABUS MASIK AAYOJAN AND TIME TABLE
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AHMEDABAD DIST JILLAFER SENIORITYLIST

AHMEDABAD DIST JILLAFER SENIORITYLIST
AHMEDABAD DIST JILLAFER SENIORITY
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GPSC Updates on 21-06-2018

GPSC Updates on 21-06-2018
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BRC URC TALIM BABAT PARIPATRA DATE-21-6-2018.
The ECI introduced this new system of appointing BLOs creating a clear line of accountability for preparation of an error-free electoral roll, making the BLOs its custodian at the polling booth level. Previously, voter-identification slips used to be distributed by the contesting candidates of various political parties and that gave scope for complaints. The preparation of accurate electoral rolls and direct distribution of voter identification slip by the BLOs also boosted voter confidence in the credibility of the election process.

BLO assists eligible citizens to become voters and obtain voter card. BLO provides those different forms for addition, deletion and correction of Electoral Roll entries, carries out physical verification, and gives his/her report to Electoral Registration Officer (ERO) .The BLO interacts with local people/ political parties’ representatives and identifies dead/shifted/duplicate voters to be removed from the electoral roll after due process of law. Must visit this blog everyday for latest offers of various brand and other technology Updates
BRC URC TALIM BABAT PARIPATRA DATE-21-6-2018.

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UCHCH SHIXAN NI SHISHYAVRUTTI NO LABH LEVA BABAT PARIPATRA DATE-20-6-2018.
The ECI introduced this new system of appointing BLOs creating a clear line of accountability for preparation of an error-free electoral roll, making the BLOs its custodian at the polling booth level. Previously, voter-identification slips used to be distributed by the contesting candidates of various political parties and that gave scope for complaints. The preparation of accurate electoral rolls and direct distribution of voter identification slip by the BLOs also boosted voter confidence in the credibility of the election process.

BLO assists eligible citizens to become voters and obtain voter card. BLO provides those different forms for addition, deletion and correction of Electoral Roll entries, carries out physical verification, and gives his/her report to Electoral Registration Officer (ERO) .The BLO interacts with local people/ political parties’ representatives and identifies dead/shifted/duplicate voters to be removed from the electoral roll after due process of law. Must visit this blog everyday for latest offers of various brand and other technology Updates
UCHCH SHIXAN NI SHISHYAVRUTTI NO LABH LEVA BABAT PARIPATRA DATE-20-6-2018.

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MEHSANA - MR ZUMBESH YOJANA NI AMALVARI BABAT MAHTVAPURN PARIPATRA DATE- 20-6-2018.
Research shows that student motivation and attitudes towards school are closely linked to student-teacher relationships. Enthusiastic teachers are particularly good at creating beneficial relations with their students. Their ability to create effective learning environments that foster student achievement depends on the kind of relationship they build with their students. Useful teacher-to-student interactions are crucial in linking academic success with personal achievement. Here, personal success is a student's internal goal of improving himself, whereas academic success includes the goals he receives from his superior. A teacher must guide her student in aligning her personal goals with her academic goals. Students who receive this positive influence show stronger self-confidence and greater personal and academic success than those without these teacher interactions.Students are likely to build stronger relations with teachers who are friendly and supportive and will show more interest in courses taught by these teachers. Teachers that spend more time interacting and working directly with students are perceived as supportive and effective teachers. Effective teachers have been shown to invite student participation and decision making, allow humor into their classroom, and demonstrate a willingness to play Online College Course..

STD-10 MA NAPAS THAYEL PALAK MATA PITA YOJANA NA VIDYARTHIO NE LABH BABAT MAHTVAPURN PARIPATRA DATE -18-6-2018.

STD-10 MA NAPAS THAYEL PALAK MATA PITA YOJANA NA VIDYARTHIO NE LABH BABAT MAHTVAPURN PARIPATRA DATE -18-6-2018.
The ECI introduced this new system of appointing BLOs creating a clear line of accountability for preparation of an error-free electoral roll, making the BLOs its custodian at the polling booth level. Previously, voter-identification slips used to be distributed by the contesting candidates of various political parties and that gave scope for complaints. The preparation of accurate electoral rolls and direct distribution of voter identification slip by the BLOs also boosted voter confidence in the credibility of the election process.

BLO assists eligible citizens to become voters and obtain voter card. BLO provides those different forms for addition, deletion and correction of Electoral Roll entries, carries out physical verification, and gives his/her report to Electoral Registration Officer (ERO) .The BLO interacts with local people/ political parties’ representatives and identifies dead/shifted/duplicate voters to be removed from the electoral roll after due process of law. Must visit this blog everyday for latest offers of various brand and other technology Updates
STD-10 MA NAPAS THAYEL PALAK MATA PITA YOJANA NA VIDYARTHIO NE LABH BABAT MAHTVAPURN PARIPATRA DATE -18-6-2018.