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The wages here means wages last drawn by the employee. The "15 days' wages" will be calculated by dividing the last drawn wages by 26 and multiplying the result with 15. But under Section 4(3), the maximum gratuity that is payable is fixed at ₹20,00,000. Any gratuity amount paid in excess of ₹20,00,000 is taxable in the employee's hands. [4]
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service. Tips and their amount are a matter of social custom and etiquette, and
While it used to be appropriate to tip 10% to 15% to your server, today that amount is largely unacceptable. To accommodate for inflation and the many setbacks the hospitality industry faced ...
Mandatory tipping (also known as a mandatory gratuity or an autograt) is a tip which is added automatically to the customer's bill, without the customer determining the amount or being asked. It may be implemented in several ways, such as applying a fixed percentage to all customer's bills, or to large groups, or on a customer-by-customer basis ...
The concept of tipping, or gratuity, has been around for generations. Back in the Middle Ages, tipping was a custom practiced by Europeans. Basically, masters would tip their servants for excellent...
Disney Cruise Line increased its recommended daily gratuity amount, its website announced earlier this week. "We recommend a gratuity amount of $16.00 USD per night, per stateroom Guest, including ...
The computation of a 13th salary varies from country to country. Nevertheless, the amount usually equals the total annual pay divided by 12 or is expressed as one month's salary. The payment is calculated similarly if the country also has a mandatory 14th salary. In some countries, the total annual payment is divided into 13 or 14 parts. [13]
Most of it came from one customer's generous gratuity. The base pay from DoorDash, once $2 just two months earlier, had been cut by 50%. ... It's a compensation system that has sent drivers ...