Dear Sir,I am interesed to know how to calculae the gratuity of an employee who retires after completing more than 20 years service withou any brek. Sunita Tyagi
From India, Delhi
From India, Delhi
dear sunita
the calculation is same irrespective number of years of service.
CALCULATION
no of years of service*15*(BASIC+DA)/26
it means basic+da to be divided by 26 than multiplied bynumber of years of service
than multiply with 15.
tks
j s malik
From India, Delhi
167the calculation is same irrespective number of years of service.
CALCULATION
no of years of service*15*(BASIC+DA)/26
it means basic+da to be divided by 26 than multiplied bynumber of years of service
than multiply with 15.
tks
j s malik
From India, Delhi
Please find attached the copies of gratuity, TDS, Salary calculation. Happy Diwali you and your family....
From India, Delhi
From India, Delhi
HI Ramesh here I want to need draft of written warning of employee.(misues of office property) please replay Ramesh HR 9945572100:icon10:
Sunita G,
Mr. J.S. Malik is right but please i clear one point in here, you can't pay maximum amount of gratuity of Rs. 3,50,000/-
Supose as per calculation (Basic/26X15Xno of service = Rs. 3,55,000/-)
As per law you can pay only Rs. 3,50,000/- to employee, you shall not entitled to pay other amount to retired employee.
Regards
Manoj Kumar
From India, Delhi
Mr. J.S. Malik is right but please i clear one point in here, you can't pay maximum amount of gratuity of Rs. 3,50,000/-
Supose as per calculation (Basic/26X15Xno of service = Rs. 3,55,000/-)
As per law you can pay only Rs. 3,50,000/- to employee, you shall not entitled to pay other amount to retired employee.
Regards
Manoj Kumar
From India, Delhi
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SALARY SHEET CALCULATION.xls