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Hi T Rakesh,
The payment of Gratuity Act 1972 is applicable to all kind of employee serving in all the sectors in the nation. A person get's entitled for gratuity on completion of continuous service of 5 years. The calculation formula is ((Basic Salary+DA)/26*15*number of years of service)
From India, New Delhi
The payment of Gratuity Act 1972 is applicable to all kind of employee serving in all the sectors in the nation. A person get's entitled for gratuity on completion of continuous service of 5 years. The calculation formula is ((Basic Salary+DA)/26*15*number of years of service)
From India, New Delhi
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Gratuity Act-Teachers-Ma dhya Pradesh.docx
Payment of Gratuity Act, 1972 & The Rules.ppt