Dear Seniors,
I need your valuable suggestions regarding gratuity as I have not completed 5 years in my current organization. My date of joining was 28th May 2011, and I recently submitted my resignation on 14th Jan 2016 with a 2-month notice period, making my last working day 13th March 2016.
Am I eligible for gratuity even though I will be completing 4 years, 9 months, and 15 days instead of the full 5 years?
I appreciate your valuable guidance.
Regards,
Omkar
From India, Jaipur
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I need your valuable suggestions regarding gratuity as I have not completed 5 years in my current organization. My date of joining was 28th May 2011, and I recently submitted my resignation on 14th Jan 2016 with a 2-month notice period, making my last working day 13th March 2016.
Am I eligible for gratuity even though I will be completing 4 years, 9 months, and 15 days instead of the full 5 years?
I appreciate your valuable guidance.
Regards,
Omkar
From India, Jaipur
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Dear Omkar,
If an employee has continuous service with a single company for 4 years and 240 days, then he/she is eligible to get Gratuity. As you said you are going to complete 4 years 9 months and 15 days on 13th March 2016, it means you are eligible to get gratuity.
From United Arab Emirates, Dubai
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42If an employee has continuous service with a single company for 4 years and 240 days, then he/she is eligible to get Gratuity. As you said you are going to complete 4 years 9 months and 15 days on 13th March 2016, it means you are eligible to get gratuity.
From United Arab Emirates, Dubai
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Dear Omkar, As per Payment of Gratuity Act 1972, Employee who completed 4 years 240 of continuous service, is eligible to get gratuity.
From India, Delhi
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From India, Delhi
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You will be quite eligible to claim gratuity for service equal to 5 years.
From India, Delhi
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From India, Delhi
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Minimum Qualifying service for Gratuity under the Payment of Gratuity Act.docx
Less than 5 years service - Eligibility for payment of gratuity.pdf
Payment of Gratuity Act, 1972 & The Rules.ppt