About Gratuity [Thread 465352]

Anonymous

How will be the Gratuity Calculated if company terminates any employee?
9th July 2013 From India, Mumbai

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ajjoshi

How is Gratuity calculated if, company terminates the employee? pls comment
9th July 2013 From India, Mumbai

ajjoshi

I came to know that it is calculated following way Last drawn salary * 26/26* No.of years of service
9th July 2013 From India, Mumbai

Bittu777

sir if you have completed 5 years of continuous service. 240 physical present in each year then last drawn basic+da(Cola) of 15 days salary out of 26 days * no of years worked.
9th July 2013 From India, Nagpur

snsitaram

Termination, resignation, retirement does not affect gratuity eligibility. If the employee completed 5 years of service as per Act, he is to be paid @ Last drawn basic, DA, FDA,VDA /26*15* No. of years of service.
10th July 2013 From India, Hyderabad

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About Gratuity [Thread 465352]

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