Money 2025 Gratuity Definition

Money 2025 Gratuity Definition. Gratuity is a cash component given to an employee by an employer in regard to the service they have provided to the company. Gratuity is a vital financial benefit provided to employees in india, governed by the payment of gratuity act, 1972.


Money 2025 Gratuity Definition

This amount is paid to the employee during. And it is something which a company has to pay as a “severance pay”.

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