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How to calculate interest on delayed gratuity? - CiteHR

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How to calculate interest on delayed gratuity?


pragatikenjale
How to calculate interest on delayed gratuity? Is there any formula or excel sheet for the same.
From India, Pune
KK!HR
1422
The interest rate is prescribed by the appropriate government, the Central Government had earlier set 10% simple interest. You may check up with the respective authority and the calculation is simple.
From India, Mumbai
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From: India, Pune
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