Gratuity calculation for private employees under new labour laws: How to check gratuity amount, formula, percentage - Gratuity calculation for private employees

The calculation of gratuity has undergone two modifications under the modified labour code. First, permanent employees are still bound by the five-year service requirement, but contractual or fixed-term employees are now eligible for gratuity after just one year of employment. Secondly, wages will now include basic pay, dearness allowance, and retaining allowance with 50% of the total remuneration (or whatever percentage is announced) being added back to calculate wages. Gratuity calculation for private employees