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Is it mandatory to get a PAN number for the Gratuity Trust registered with Life Insurance corporation of India?
YES
Is it legal for a restaurant in Florida to charge a mandatory service charge and a gratuity?
Yes, but the gratuity can be disputed by the customer. Ultimately, if a customer does not agree to the restaurant's terms, they simply should not eat there.
How you calculate gratuity amount working in a sole proprietorship company?
i am working for last 7 years in a proprietorship company, how much i can get the gratuity amount and what is law?
What is the maximum legal percentage a restaurant can charge in NYC for a mandatory gratuity?
A restaurant can charge 15 percent gratuity automatically. Twenty percent is considered exceptional service and cannot be charged automatically by a restaurant.
Is gratuity comes under cost to the company?
Gratuity is supposed to be paid by the employer and should not come under the cost to company. The reasons are if Gratuity is added to the CTC, then the same should be paid to the individual during his seperation. Gratuity should normally be mentioned seperately on the offer letter. Regards, Sriram Send your replies to smarirs@yahoo.com
What is the accounting entry for provision for gratuity?
Gratuity a/c dr Provision for gratuity a/c
If the bill is 660.00 and gratuity is 15 percent what tip will be left?
AnswerThe question is somewhat confusing. "Tip" is another word for "gratuity". Many restaurants include a "gratuity" on the bill when serving a group of 6 or more. Once they have done that, you have no obligation to add any additional "tip". Naturally, a server or other individual who lives on tips will have a different perspective.To many of us, the mandatory tip (gratuity) is considered offensive and an insult. Since the tip has historically been voluntarily given to show gratitude for good service, the concept of adding a mandatory "gratuity" no longer means the same thing.Another perspectiveFifteen percent of $660 is $99. However, fifteen percent is a pretty cheap tip. Twenty percent ($132) would be more appropriate if you got good service.
How do you say 'gratuity' in Spanish?
gratificación - gratuity
Is gratuity part of salary?
Gratuity means tip
What is gratuty?
Gratuity is an exgratia payment payable to an employee by the Company covered under Gratuity Act. On retirement, his total tenure of service i.e. no. of years is taken into consideration.For every 20 days of presentation, one day is taken. For one full month, 26 days are considered . The gratuity formula is as hereunder :- No. of working days x no. of years x last drawn salary Divided by 26 Days There is also Group Gratuity Scheme offered by Life Insurance Cos. wherein employees of a company are covered under this scheme. Where apart from payment of gratuity,life coverage is an added benefit. And the Companies are lesser burdened by offering the burdens of gratuity payment on insurance cos. by paying yearly premiums.
Is car rental insurance mandatory?
Yes it is mandatory in our company. It is the best way to refund on your damage.
What is a synonym for gratuity?
A gratuity is more commonly known as a tip.
