Dear Sirs Can anybody help me what is the minimum no of years service required to get Gratuity benefit? Balaji.N.K
From India, Coimbatore
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1From India, Coimbatore
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Dear Sir,
It is mandatory to complete five years of service at present. In Tamil Nadu/Madras State, individuals who complete 4 years and 240 days in their 5th year will be eligible for gratuity as per the Madras High Court verdict.
D. Gurumurthy
HR & IR Consultant
From India, Hyderabad
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It is mandatory to complete five years of service at present. In Tamil Nadu/Madras State, individuals who complete 4 years and 240 days in their 5th year will be eligible for gratuity as per the Madras High Court verdict.
D. Gurumurthy
HR & IR Consultant
From India, Hyderabad
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4.8 year or can be say 4 years and 240 days will be applicable for Gratuity... Regards, Saurabh
From India, Delhi
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From India, Delhi
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From India, Delhi
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Change is Choice...
To do better, you need to change the conventional ways of dealing; Innovation is part of that change.
Accent Consulting brings you the software which will change the whole payroll process for the HR management.
Payroll with various module as recruitment module ,
Payroll process module
Ess module
Appraisal module
Training module
Helpdesk module
And many more.
It's powerful software which has the qualities to process all the complex calculations of Payroll like PF, ESI, PT, TDS, Leaves, Salary disbursement, Gratuity etc... in just a matter of seconds with utmost accuracy.
We take pride in saying that we have developed it with the best and the latest technology available, so that you can have a smooth and error free processing.
It doesnt require a man on the machine to administer it. It is easy, being web-based solution you can always check from any of your computer with a click.
Files your returns on time
Makes PF status checking easier than ever
Provide TDS E-Return information with a click
Makes disbursement of Salary easy
Generates Salary-slip
Employees can always find their leave, salary and other details
Provides Income Tax details & others
Now, why would you sit to calculate, plan and strategize with a pen and paper when everything is just a click away with our payroll software solution.
Change and be the Change!!
Complete Web-Based Payroll and Hrms Software
Call us on 0120-4782600 , 9999143778
From India, Delhi
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Gurumuthy and Saurabh have clarified the point: it is 4.8, i.e., 4 years and 240 days, which will make the employee eligible for gratuity. The notice period is covered within this timeline.
Dilip Bhandari
HR Manager
From India, Surat
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Dilip Bhandari
HR Manager
From India, Surat
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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