O.15 X amount
Example $100 food eaten
=100 X .15 = 15 = tip
Total is 100+15 = 115
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Gratuity is calculated on your last drawn salary. In this case, your basic pay and your Dearness allowance (DA) is taken into consideration. The main formula is Grad = {(Basic Pay+DA)/ 26} *15*No. of years served in the organization. Usually the number of years served is rounded off. i.e. in case you have served for 5 years and 4 months, it will be taken as 6 years.
status of gatuitry payment act after 6th pay commission (Maxm limit of 3.5 lacs to rs---10.00 Lacs. I want to know the details
no, a tip or gratuity is not required, although it is expected if the service has been good. service fees range between 5 and 10% of the bill total (in restaurant's). tips to service people (garages, hotel staff etc.) are at your own discretion
The statutory compliane are difference in various states, typically statutory followed all the states are 1. Provident fund 2. ESIC 3. Professional tax/service Tax 4. Bonus Act 5.Gratuity 6.
The same way that anyone else's support is calculated - as a percentage of net income.