4.81% of monthly salary is the gratuity payable to an employee. Eg; Monthly salary=Rs1000/- Gratuity for one year=1000*15/26=Rs577/- Gratuity part for one month=577/12=48.08 ie4.80% Varghese Mathew
From India, Thiruvananthapuram
912From India, Thiruvananthapuram
sir
I was working with an autonomous body under govt of India from 15th March 2001 to 21st March 2013. Out of this, my service from 15th March 2001 to 30th June 2005 was on contractual basis and on 1st July 2005, I became a permanent employee. I resigned from the organization on 21st March 2013.
When I was given the gratuity, only the period from 1st July 2005 to 21st March 2013 was considered and the period from 15th March 2001 to 30th June 2005 was not considered even though there was no break in my service.
After I got relieved from the organization, Central Govt declared a DA increment with effect from January 1st 2013. Am I eligible for a gratuity with this increase in DA?
Kindly guide me
Regards
Satheesh
From India, Bangalore
I was working with an autonomous body under govt of India from 15th March 2001 to 21st March 2013. Out of this, my service from 15th March 2001 to 30th June 2005 was on contractual basis and on 1st July 2005, I became a permanent employee. I resigned from the organization on 21st March 2013.
When I was given the gratuity, only the period from 1st July 2005 to 21st March 2013 was considered and the period from 15th March 2001 to 30th June 2005 was not considered even though there was no break in my service.
After I got relieved from the organization, Central Govt declared a DA increment with effect from January 1st 2013. Am I eligible for a gratuity with this increase in DA?
Kindly guide me
Regards
Satheesh
From India, Bangalore
As per POG Act you are eligible for gratuity from 2001 if you were working in an industrial establishment.If you were in an autonomous body governed by GOI service rule,the matter is different.
Varghese Mathew
9961266966
From India, Thiruvananthapuram
Varghese Mathew
9961266966
From India, Thiruvananthapuram
Hello everyone....
My question is that waht to do with that amount which is deducted from employee if employee leaves company before 5 years say in two or three years?
Will employee get that deducted amount back or not as he has not completed 5 years in a same company as per POG act?
Please reply
Thanks
Parul
From India, Vadodara
My question is that waht to do with that amount which is deducted from employee if employee leaves company before 5 years say in two or three years?
Will employee get that deducted amount back or not as he has not completed 5 years in a same company as per POG act?
Please reply
Thanks
Parul
From India, Vadodara
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.
FORM-F-NOMINATI ON OF GRATUITY.pdf
Gratuity Form I.doc