Mmo 2024 Gratuity Eligibility. Learn about eligibility criteria, calculation methods, tax implications, and the importance of. Every company, public or private, having 10 or more employees is mandated to pay gratuity to its employees.
Once entered the gratuity calculator will show you two gratuity maturity amount, the first is for those employee’s whose organisation have covered them under the gratuity act and the second one are for those employees not covered under the payment of gratuity act. The memorandum instructs all ministries/departments to inform relevant offices about the change.