hard20 pts · first answer countsfull-and-final-settlementgratuity
Full and final with gratuity
An employee leaves after 6 completed years. Monthly gross is 60,000 and basic is 26,000. They worked 15 days of a 30-day final month. Leave encashment: 12 days at basic / 26. Gratuity: basic x 15 / 26 x years. Recoveries: laptop 8,000 and advance 10,000. Before tax, what is the net settlement?
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