Mmorpg 2024 Gratuity Act. Gratuity is a monetary benefit paid by the employer under the payment of gratuity act 1972 to their employees for services rendered in the company. In general terms, gratuity is a sum of money paid by an employer to its employee at the end of the period of his/her employment as a tip for contributing to the.

Learn about eligibility criteria, calculation methods, tax implications, and the importance of. Gratuity is a significant employee benefit that provides financial security to employees upon their retirement or resignation.