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The same statutory formulas we apply for 800+ clients — free for your HR team to use.
Estimate at 8.25% interest. Employer share excludes 8.33% EPS contribution (capped at INR 15,000 wage). Actual returns depend on EPFO-declared rates.
As per the Payment of Gratuity Act, 1972. Service of 6 months or more in the final year rounds up to a full year.
Basic is set at 50% of CTC, as required by the new Code on Wages. This is exactly the restructuring most employers must now make.
Indicative only — excludes income tax, professional tax and company specific allowances.
