Excel is a spreadsheet with a lot of power. The software can be used to track inventory, track and calculate payroll and a myriad of other calculations. An Excel formula is generally composed of ...

Gratuity is a crucial financial benefit designed to provide monetary security to employees during key milestones such as resignation, retirement or unforeseen events. If your last-drawn basic salary ...

Microsoft Excel is a powerful spreadsheet that lets you manage and analyze a large amount of data. You can carry out simple as well as complicated calculations in the most efficient manner. Microsoft ...

Learn to calculate production costs in Excel using templates and formulas. Streamline expenses and improve financial management with our comprehensive guide.

Employees contributing towards their retirement often wonder what kind of pension they may expect from the Employee Pension Scheme (EPS). Understanding how EPS works and how the pension is calculated ...

Let's calculate the gratuity amount for employees with last-drawn basic salaries of Rs 33,000, Rs 56,000, and Rs 71,000, who have completed 8 years and 5 months of service, which will be considered as ...

Are you about to complete 5 years of continuous service in your organisation? In case your organisation comes under the Payment of Gratuity Act, 1972, the following information is worth a read for you ...