No Tags Found!

korgaonkar k a
2556

Dear Haneuk, Can you please explain your new invention and enlighten us?
From India, Mumbai
varghesemathew
912

No ,the calculation is Last drawn monthly salary/26 multiplied by15 again multiplied by no of continuous years of service.Monthly salary is basic+DA. Varghese Mathew
From India, Thiruvananthapuram
sheetal jadhav
Dear Mr. Mohan, please consider 7 yrs for calculation gratuity
From India, Karnal
Vipul badhik
15

dear Kumardqs, first of all this will be counted as 7 year 15*Avg of last 3 month basic salary*No. year serviced/26.. calculate by this formula
From India, Rajkot
anant_bhsl@citehr.com
4

Dear Mohan
as per gratuity Act after 5 years completed in service, these employee are eligible to claim for gratuity & as per you stated above you have completed 6 years 7 months i.e. 7 years. means that rounded of formula will be follow here for calculation of gratuity.
Regards,
Anant Bhosle

From India, Mumbai
kothu
Dear Mohan It should be 7 years. Once an employee completed 6 months it will be considered as 1 year after 5 years this rule will be applicable With Regards S.Kothandam
From India, Madras
Dhruv Patel
13

Dear, You are eligible for 7 years to be taken calculation of gratuity. 6 month or less than 6 month to be ignored and more than 6 month is conducted full year.
From India, Ahmedabad
rosy12
section 4 Para sub section (2) that "For every completed year of service or part thereof in excess of six months.Please clear what does in excess of six months mean.if someone worked for 5 year 6 month 0 days then will it be 5 year or 6 year for gratuity calculation.
From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.






Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.