for example, that the tip rate is 20%, which equals 0.20 when written in decimal form. The decimal point of 20 can be found after zero. If you move the decimal point two spaces to the left, it will be before two.
For example, eleanor roosevelt suggested to those Americans traveling in foreign lands, "a fair tip, or one a little on the generous side, will leave a pleasant feeling and respect for you in the one who receives it. A lavish one will create a secret disrespect and add to the reputation...
According to the preceding example's gratuity calculation in India, you are qualified for a gratuity sum of ₹2,59,615 as a result. The maximum amount exempt from taxes has been established by the government at ₹20 lakh. The least expensive of the three amounts, ₹2,59,615, is ...
For example, if in the table, you have maintained the gratuity contribution amount as 4.81 percentage of the gratuity basis, the system will compute 4.81 percentage of the gratuity basis, as the employer contribution towards gratuity. Computation of the basis for gratuity depends on the Type of ...
If the number of days the employee has worked in a year is less than prescribed above, it is ignored for payment calculation. For example, if an employee has worked for 4 years and 10 months, the duration is considered as 5 years and the employee will be eligible for gratuity. On the...