In your school life, you have learned about average and the method to calculate it. The formula to calculate the average is very simple. You just have to add all the values in the given data and ...

Learn how to calculate gratuity for a Rs 55,000 basic salary with 5.5 years of service. Understand eligibility, the formula, and factors affecting your gratuity payout for better financial planning.

Calculating Simple Interest is an excellent method to judge your savings in advance. However, calculating it for various interests and principal sums could be complex. This is where Excel comes to ...

EPFO Higher Pension Calculation 2023: If you are an EPF member from before 1st September 2014, you will soon have the option to contribute 8.33% of your Basic Salary and Dearness Allowance (if ...

Let’s calculate gratuity for an employee with a basic salary of Rs 33,000, 8 years, and 5 months of service (rounded to 8 years). Gratuity = (33,000 × 8 × 15) ÷ 26 Gratuity = Rs 1,52,307 What will be ...

Discover how to calculate EPS in Excel with easy formulas. Master this key financial indicator to enhance your investment strategies and analysis.

Pension calculation for PSU employees: There is no separate formula for calculating pension of retired employees of Public Sector Undertakings (PSUs) under EPS 1995, Minister of State for Labour and ...