Gratuity Calculation Formula In Excel Pakistan May 2026

Gratuity is a type of retirement benefit that is paid to an employee as a token of appreciation for their services. In Pakistan, the gratuity calculation is governed by the Gratuity Act, 1976, and the Payment of Gratuity (Pakistan) Rules, 1981.

Calculating Gratuity in Pakistan: A Step-by-Step Excel Formula Guide** gratuity calculation formula in excel pakistan

= (Basic Salary * Length of Service * Gratuity Rate) / 12 Gratuity is a type of retirement benefit that