Hi,
I have completed 4 years and 8 months in a PSU company governed under the Payment of Gratuity Act 1972. Am I eligible for gratuity? I have gone through an article which says that eligibility for payment of gratuity is 5 years. The quantum of service will be considered a full year if someone has completed 6 months or more than that.
Please advise me regarding my eligibility for the payment of gratuity.
From India, Mumbai
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3I have completed 4 years and 8 months in a PSU company governed under the Payment of Gratuity Act 1972. Am I eligible for gratuity? I have gone through an article which says that eligibility for payment of gratuity is 5 years. The quantum of service will be considered a full year if someone has completed 6 months or more than that.
Please advise me regarding my eligibility for the payment of gratuity.
From India, Mumbai
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Though the Payment of Gratuity Act has not been amended but as per the latest Supreme Court ruling, you are eligible for gratuity.
From India, Pune
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From India, Pune
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Hi, I have completed 4years and 7month (i.e 9th April 2007 to 25th october 2011) working in retail industry, mumbai, Is I’m applicable for gratuity? Please direct me. Thanks Meenakshi
From India, Thana
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From India, Thana
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Dear All My Seniors,
I want to know what the calculation is for gratuity payment. Only the 5th year, with 240 working days, would be considered for gratuity payment. Suppose somebody did not complete the minimum 240 days working criteria in their previous 4 years; then, he/she will be eligible for the gratuity amount after completing his/her 5 years of working.
Thanks and Regards,
Raj Asiwal
Contact No. 08445550248
From India, Meerut
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I want to know what the calculation is for gratuity payment. Only the 5th year, with 240 working days, would be considered for gratuity payment. Suppose somebody did not complete the minimum 240 days working criteria in their previous 4 years; then, he/she will be eligible for the gratuity amount after completing his/her 5 years of working.
Thanks and Regards,
Raj Asiwal
Contact No. 08445550248
From India, Meerut
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Hi Sheeba,
As per the Gratuity Act, eligibility for gratuity is 4 years + 240 days in the 5th year. Since you have completed 8 months in the fifth year, it means (8 months X 30 average days per month = 240 days), making you eligible to receive the gratuity.
Manohar
From India, Mumbai
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As per the Gratuity Act, eligibility for gratuity is 4 years + 240 days in the 5th year. Since you have completed 8 months in the fifth year, it means (8 months X 30 average days per month = 240 days), making you eligible to receive the gratuity.
Manohar
From India, Mumbai
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Dear Sir,
You have to complete a full 5 years of service for gratuity purposes. In the case of Madras State, 4 years and 6 months or above will be counted as 5 years of service because the High Court has given a verdict to that effect.
D. Gurumurthy
HR/IR Consultant
From India, Hyderabad
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You have to complete a full 5 years of service for gratuity purposes. In the case of Madras State, 4 years and 6 months or above will be counted as 5 years of service because the High Court has given a verdict to that effect.
D. Gurumurthy
HR/IR Consultant
From India, Hyderabad
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Hi, Thoough you have completed 4 yrs and 8 months, it will be treated as 5 years continuous service and hence, you are eligible for Grauity Claim.
From India, Pune
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From India, Pune
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Dear Mr. D. Gurumurthy,
This is to inform you that not only the Madras High Court but also the Honorable Supreme Court has issued a judgment confirming that if an employee has worked for 240 days in the 4th year, they are eligible for gratuity. Although the Payment of Gratuity Act has not been amended, denying any employee gratuity if they have worked for 4 years and 240 days may lead to future litigations for the organization.
Regards,
Kamal
From India, Pune
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This is to inform you that not only the Madras High Court but also the Honorable Supreme Court has issued a judgment confirming that if an employee has worked for 240 days in the 4th year, they are eligible for gratuity. Although the Payment of Gratuity Act has not been amended, denying any employee gratuity if they have worked for 4 years and 240 days may lead to future litigations for the organization.
Regards,
Kamal
From India, Pune
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Dear Seniors,
I am a little bit confused about working days. Some seniors say that in the 4th year, 240 days are compulsory for gratuity, while others say it's the 5th year with 240 days. I would like to know the correct information regarding this.
Thanks and Regards,
Raj Asiwal
From India, Meerut
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I am a little bit confused about working days. Some seniors say that in the 4th year, 240 days are compulsory for gratuity, while others say it's the 5th year with 240 days. I would like to know the correct information regarding this.
Thanks and Regards,
Raj Asiwal
From India, Meerut
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