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
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929From India, Thiruvananthapuram
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Hi Satheesh,
I was working with an autonomous body under the Government 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 a 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, the Central Government declared a DA increment with effect from January 1st, 2013. Am I eligible for gratuity with this increase in DA?
Kindly guide me.
Regards,
Satheesh
From India, Bangalore
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I was working with an autonomous body under the Government 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 a 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, the Central Government declared a DA increment with effect from January 1st, 2013. Am I eligible for gratuity with this increase in DA?
Kindly guide me.
Regards,
Satheesh
From India, Bangalore
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As per the Payment of Gratuity (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 Government of India (GOI) service rules, the matter is different.
Varghese Mathew
9961266966
From India, Thiruvananthapuram
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Varghese Mathew
9961266966
From India, Thiruvananthapuram
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Sir Can I Make a call to the number 9961266966 Regards Satheesh
From India, Bangalore
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From India, Bangalore
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Hello everyone,
My question is, what to do with the amount that is deducted from an employee if the employee leaves the company before 5 years, say in two or three years? Will the employee get that deducted amount back or not, as he has not completed 5 years in the same company as per the POG act?
Please reply.
Thanks,
Parul
From India, Vadodara
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My question is, what to do with the amount that is deducted from an employee if the employee leaves the company before 5 years, say in two or three years? Will the employee get that deducted amount back or not, as he has not completed 5 years in the same company as per the POG act?
Please reply.
Thanks,
Parul
From India, Vadodara
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As pointed out by many, deducting any amount from an employee's salary earned by him towards gratuity is illegal. If a deduction is notionally shown from CTC, it is okay. Otherwise, the deducted amount should be refunded by way of correcting a mistake.
Varghese Mathew
9961266966
From India, Thiruvananthapuram
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Varghese Mathew
9961266966
From India, Thiruvananthapuram
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