Mmo 2024 Gratuity Formula. Gratuity amount = (15 * last drawn salary amount * period of service) / 30. According to the gratuity rules 2024, companies have to make sure that base.
Under the gratuity rules 2024, an organisation must pay workers gratuity benefits in case it employed ten or more individuals in the previous twelve. The new gratuity payment regulations for 2024 have been finalized by the ministry of labour and employment under the four labour.