An employee has completed 10 years, 5 months, and 24 days of service in the same organization. What will be his eligibility year for gratuity calculation?
From India, Mumbai
He will get gratuity reckoning 10 years of service as per the Payment Gratuity Act 1972. Less than six month service would deprive him of entitlement of 11th year.
From India, Mumbai
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Gratuity calculation.doc
Gratuity Calculation tool.xls