Gratuity=Lastdrawnsalaryx15/26xNo.ofyearsofserviceGratuity = Last drawn salary x 15/26 x No. of years of serviceGratuity=Lastdrawnsalaryx15/26xNo.ofyearsofservice:
The amount in excess of the tip received is subject to taxation
93000−20×8000×1526=69293000-\frac{20\times8000\times15}{26}=69293000−2620×8000×15=692
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