How to calculate Gratuity?

(This post offers calculation of Gratuity in two different methods and also discusses tax liability on Gratuity received) The tax-exempt gratuity limit had already been raised to Rs. 20 lakh for government employees effective from 1 January, 2016. The ‘Payment of Gratuity Amendment Act 2017’ is likely to be passed in this budget session (commencing…

Statewise lists of bank holidays 2018 in India

(This post offers you holidays lists of 31 states viz.1.Andhra Pradesh, 2.Arunachal Pradesh, 3.Assam, 4.Bihar, 5. Chhattisgarh,  6. Delhi, 7. Goa, 8.Gujarat,9. Haryana,10. Himachal Pradesh, 11.Jammu & Kashmir,  12.Jharkhand, 13.Karnataka, 14.Kerala, 15.Madhya Pradesh, 16. Maharashtra,  17. Manipur,                   18. Meghalaya, 19.Mizoram,20. Nagaland,  21.Odisha, 22. Pudhucherry, 23.Punjab,  24.Rajasthan, 25.Sikkim, 26.Tamilnadu, 27.Telangana, 28.Tripura, 29.Uttarkhand, 30.Uttar Pradesh, 31. West…