Hello Everyone, How is gratuity in india calculated in case of death of an employee before 5 years of service and after 5 years of continuous service..Please help! Its urgent! Thanks.
From India, Mumbai
From India, Mumbai
Hi Friend,
Pls note that gratuity is not paid if employee's death before 5 years. If he had work for 5 years and more than it than calculate like.
His current Basic salary/26= 1 day salary , 1 day salary X 15= 15 days salary , 15days salary X number of years he had work.= Gratuity.
Likewise.
Basic=3000
Years work=6 years
than calculate like 3000/26 x 15 x 6= gratuity.!!
From India, Silvassa
Pls note that gratuity is not paid if employee's death before 5 years. If he had work for 5 years and more than it than calculate like.
His current Basic salary/26= 1 day salary , 1 day salary X 15= 15 days salary , 15days salary X number of years he had work.= Gratuity.
Likewise.
Basic=3000
Years work=6 years
than calculate like 3000/26 x 15 x 6= gratuity.!!
From India, Silvassa
But prakash, according to me in case of death 5 years service isnt taken into consideration??!!
From India, Mumbai
From India, Mumbai
62
Dear hetal,
In case of employees death, Continuous service of 5 yrs is not must.
if any employee dies who has served in an organisation for less than 6 month will not be eligible for gratuity.
Any person who has served for more than 6 months or 180 days then the gratuity will be paid for 1 yr.
Similarly if an death employee is served for 2 yrs and 8 months then the gratuity will be calculated for 3 yrs and if he is served for 2.5 yrs he will be paid for 2 yrs only.
Minimum 6 month or 180 days working is compulsory to get the gratuity benefit for complete year for an death employee.
From India, Mumbai
In case of employees death, Continuous service of 5 yrs is not must.
if any employee dies who has served in an organisation for less than 6 month will not be eligible for gratuity.
Any person who has served for more than 6 months or 180 days then the gratuity will be paid for 1 yr.
Similarly if an death employee is served for 2 yrs and 8 months then the gratuity will be calculated for 3 yrs and if he is served for 2.5 yrs he will be paid for 2 yrs only.
Minimum 6 month or 180 days working is compulsory to get the gratuity benefit for complete year for an death employee.
From India, Mumbai
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