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In India, gratuity is a type of retirement benefit. It is a payment made with the intent of monetarily helping an employee after his or her retirement. It was held by the Supreme Court of India in Indian Hume Pipe Co Ltd v Its Workmen that the general principle underlying a gratuity scheme is that by service over a long period the employee is entitled to claim a certain amount as a retirement ...
Tipping is a practiced social custom in the United States. Tipping by definition is voluntary – at the discretion of the customer. In restaurants offering traditional table service, [101] a gratuity of 15–20% of the amount of a customer’s check (before tax) is customary when good to excellent service is provided.
An honorarium is an ex gratia payment, i.e., a payment made, without the giver recognizing themself as having any liability or legal obligation to the recipient for their volunteered services, or for services for which fees are not traditionally required.
How to determine a proper tip may be considered one of life's mysteries. Is it 10%, 18%, or 20% of the bill? Do you give an additional tip when the tip is already included in the bill, and how do ...
To help you navigate every tipping situation, GOBankingRates has put together a gratuity guide alongside etiquette experts’ advice to help you feel confident the next time you need to leave a tip.
This differs from pension funds, which have elements of both lump sum as well as monthly pension payments. As far as differences between gratuity and provident funds are concerned, although both types involve lump sum payments at the end of employment, the former operates as a defined benefit plan, while the latter is a defined contribution plan.
Netflix said it's boosting the prices for its subscription plans for U.S. subscribers starting today, a move that comes as the streaming service is making an expansion into live programming.
Modern Standard Hindi (आधुनिक मानक हिन्दी, Ādhunik Mānak Hindī), [9] commonly referred to as Hindi, is the standardised variety of the Hindustani language written in the Devanagari script. It is an official language of the Government of India, alongside English, and it is also the lingua franca of North India.