Friends,
Please find attached the notification dated 4.8.2016 accepting various recommendations of the Seventh Pay Commission, including the enhancement in the ceiling of gratuity for Central Government employees from Rs. 10 lakhs to Rs. 20 lakhs.
Thanks
From India, Malappuram
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1454Please find attached the notification dated 4.8.2016 accepting various recommendations of the Seventh Pay Commission, including the enhancement in the ceiling of gratuity for Central Government employees from Rs. 10 lakhs to Rs. 20 lakhs.
Thanks
From India, Malappuram
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I am working in a private textile company since 2009. Now, I am going to resign from my job. Therefore, I request you to clarify if I am eligible for gratuity, how it is calculated, and how much I am eligible for in terms of gratuity or other benefits. Please reply to me.
From India, Chennai
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From India, Chennai
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Hi Aruna Nataraj,
You are very much eligible for gratuity. Gratuity is calculated based on your last drawn salary and the number of years you have worked with the company without any break in service. The formula is 15 days' salary for each completed year of service.
In your case, assuming your salary is Rs. 26,000, your per day salary is Rs. 1,000, and your gratuity will be 7 x 15 x 1000. (Seven completed years multiplied by 15 days' wages multiplied by the per day wage).
Hope this is clear now.
From India, Coimbatore
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You are very much eligible for gratuity. Gratuity is calculated based on your last drawn salary and the number of years you have worked with the company without any break in service. The formula is 15 days' salary for each completed year of service.
In your case, assuming your salary is Rs. 26,000, your per day salary is Rs. 1,000, and your gratuity will be 7 x 15 x 1000. (Seven completed years multiplied by 15 days' wages multiplied by the per day wage).
Hope this is clear now.
From India, Coimbatore
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Dear all, I think gratuity will be calculated on employee basic + DA. example. Gross salary is 26K, Basic+DA 18K then Gratuity will be calculate only for 18K 18000/26*15*7=65172
From India, Dehradun
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From India, Dehradun
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Gratuity ceiling raised to Rs 10L.doc
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