Discover the basics of gratuity , its meaning , calculation, applicability, and taxation rules. Learn how to calculate gratuity and its legal implications. Gratuity is a lump sum payment made by an employer to an employee as a token of appreciation for services rendered. Learn about the eligibility criteria, calculation formula, tax rules and nomination process for gratuity in India. Gratuity is the amount employees receive as a part of their gross compensation from their employer. Learn about its eligibility criteria, calculation formulas, and taxation rules in India with examples and a free online calculator.
