Gratuity on hotel bill. How to use gratuity in a sentence. 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. Aug 16, 2025 · Explore the meaning of gratuities, how they're used in practice, and the essential tax implications for both service earners and employers. Jun 4, 2025 · In this article, we present a detailed explanation of the new gratuity rules for private sector employees in India. May 13, 2025 · Gratuity is a lump sum benefit paid by an employer to an employee as a token of appreciation for continuous service. . / ɡrəˈtu·ɪ·t̬i / Add to word list an amount of money given as a reward for a service; tip (Definition of gratuity from the Cambridge Academic Content Dictionary © Cambridge University Press) Gratuity stands as a heartfelt gesture of appreciation from employers to employees for their dedicated contributions. Tip. Jun 14, 2024 · What is Gratuity? Gratuity, often referred to as a gratuity payment or gratuity benefit, is a form of monetary reward or compensation provided by employers to employees as a token of appreciation for their service and dedication. Gratuity vs. Mar 15, 2021 · Gratuity constitutes a small part of employee compensation. The meaning of GRATUITY is something given voluntarily or beyond obligation usually for some service; especially : tip. The meaning of GRATUITY is something given voluntarily or beyond obligation usually for some service; especially : tip. This payment, often issued as a lump sum, carries significant value and is an expression of gratitude for an employee's devoted service. It is typically given at the time of retirement, resignation, or death after completing at least five years with the company. Dec 4, 2023 · Gratuity is a lump sum of money that is paid by an employer to an employee as a show of gratitude for the employee's loyal service over an extended period. A gratuity, commonly known as a tip, is a payment voluntarily offered by a customer to a service provider as an expression of appreciation for service rendered. In this article, we’ll detail everything about gratuity—its meaning, eligibility criteria, calculation formulas, and taxation rules. Gratuity is a statutory benefit under Indian labor law, which an employer pays to an employee in recognition of continuous service rendered over a long period. uvyhn uuak guf npufb xoyr ubc scmwugmu whlzd ibrby qckdsh