can Some one good advice on the formula. Thanks.
From India, Madras

The employee who have more than 4 years and 8 month working in the working he is the eligible for the gratuity. The maximum gratuity is Rs.10,00,000. Gratuity formula: 15/26*no of years*basic
From India, Bangalore

Dear friends,

I would like to inform you that the maximum gratuity payable amount has been increased from 3.5 lakhs to 10 lakhs, and I am also attaching the Government Order (GO) for your reference and records.

Alphonse
9443625359

From India, Madras
Attached Files (Download Requires Membership)
File Type: pdf Gratuity Act (Gazette Notifications) [1].pdf (726.5 KB, 737 views)


Dear Raman, The Gratuity formula is as follows : Basic + D.A. (if any)*15*No. of years completion / 26 Regards Rohit
From India, New Delhi

Dear Siniors I am working in a Construction Company, any one can suggest me when a emploee get his graturity after resignation. Regards Sujit Jena
From India, Delhi

Dear Friends,

I am currently working in the Middle East, Doha, Qatar, and I am a part of organizing our company. I just want to know if somebody can advise me on how to calculate overtime pay as per Qatari Labor Law, especially on Fridays and holidays.

Thanks & Regards,
Donald

From Qatar, Doha

Hi All, one more formulae i have gratuity=basic salary*4.81*12*no of years/100 a person can eligiable for gratuity after completion of 4 yrs & 266 days.
From India, Delhi

persons who has completed 4 years and 6 months are eligible for gratuity in an organisation, The formula has already mentioned.
From India, Anantapur

Dear,

We have one employee who has worked with us for more than 6 years, starting from the year 2008. He was absconding / on leave without pay (not working in the field) during that time. In 2011, we dismissed him, and his last date of record is 30th June 2011. My query is, can we calculate his continuous service until his date of record (i.e., year 2011) or until he actually worked, i.e., in the year 2008?

Please revert.

Thanks,
Sylvester

From India, Mumbai

Dear Mr. Sylvester,

The calculation has to be made until the date of his dismissal. If you take into account his date of retirement, which I presume is subsequent to his date of dismissal, you would be paying gratuity for a period during which he was not in your employment.

With regards,

From India, Madras

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