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Gratuity is given by the employer to an employee for the services rendered by him. It is usually paid at the time of retirement but it can be paid before provided certain conditions are met.  As per Sec 10 (10) of the Income Tax Act, gratuity is paid when an employee completes 5 by him. It is usually paid at the time of retirement but it can be paid before provided certain conditions are met.  or more years of full-time service with the employer(minimum 240 days a year). However, it can be paid before the completion of five years at the death of an employee or if he has become disabled due to accident or disease Gratuity is a statutory benefit – employers are required to pay a lump sum benefit to their employees who have served for at least five years. The lumpsum is generally calculated as 15 days of eligible salary for each year of service. Unlike certain other benefits like salaries, bonuses and life insurance, an employee receives gratuity only at the exit from the company an

Warren Buffett released the most widely anticipated shareholder letter of the year on 22nd Feb 2020 and discussed the performance of Berkshire Hathaway’s business for 2019. As usual, the was filled with page after page of valuable information for investors to digest. Here are some of the highlights of Buffett's latest letter, and what they mean to investors. This year the "oracle of Ohama" urged the investors to focus on their companies’ operating earnings instead of obsessing over quarterly or yearly losses or gains. He also discussed the speculative nature of equity trading, the recent difficulty in finding a big acquisition target, his faith in Berkshire’s success in the decades to come and the changing world of corporate governance. Though the letter contained a lot more than, what could be confined in an article. We have listed the key takeaways that as an investor could be valuable:  1. Performance in comparison with index. Maintaining the traditional format