Gif 2024 Gratuity Meaning. Gratuity is typically paid to an employee upon retirement, resignation, or. In this comprehensive guide, we will provide you with a fundamental understanding of gratuity, covering its meaning, applicability, calculation, taxation rules, penalties, forfeiture, and common faqs.
Gratuity is the amount employees acquire as a part of their gross reimbursement from their business enterprise. Let us learn what is gratuity and how the gratuity calculations for 2024 (legal framework,.