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Formula for calculating Dearness Allowance for Central government employees from 1 January 2006 is : Dearness Allowance %= {(Average of AICPI(Base year 2001=100) for the past 12 months – 115.77)/115.77}*100. In October 2021, the government revised the Consumer Price Index for Industrial Workers (CPI-IW) base year from 2001 to 2016. [4]
A gratuity (often called a tip) is a sum of money customarily given by a customer to certain service sector workers such as hospitality for the service they have performed, in addition to the basic price of the service.
The Payment of Gratuity Act, 1972 is an Indian law that makes companies pay a one-time gratuity to retiring employees or employees who resigns after a minimum of 5 years of service. The law applies to all companies of at least 10 employees. [1] The gratuity is 15 days' wages for every year of employee service, or partial year over six months.
The event was held at the Circuit of the Americas in Austin, Texas, for the twelfth time in the circuit's history, across the weekend of October 18–20. [2] The Grand Prix was the nineteenth round of the 2024 Formula One World Championship and the 45th running of the United States Grand Prix as a round of the Formula One World Championship. [3]
The concept of tipping, or gratuity, has been around for generations. Back in the Middle Ages, tipping was a custom practiced by Europeans. Basically, masters would tip their servants for excellent...
According to the U.S. Bureau of Labor Statistics (BLS), consumer prices rose 3.2 percent from February 2023 to February 2024, with the cost of food specifically increasing 2.2 percent.
The 2024 Las Vegas Grand Prix (officially known as the Formula 1 Heineken Silver Las Vegas Grand Prix 2024) was a Formula One motor race held on November 23, 2024, at the Las Vegas Strip Circuit in Paradise, Nevada, United States. It was the twenty-second round of the 2024 Formula One World Championship.
The 2024 Miami Grand Prix (officially known as the Formula 1 Crypto.com Miami Grand Prix 2024) was a Formula One motor race held on May 5, 2024, at the Miami International Autodrome in Miami Gardens, Florida. It was the sixth round of the 2024 Formula One World Championship and the second Grand Prix weekend of the season to utilise the sprint ...