Dear Member, Plz go through section 4 of the Payment of Gratuity Act, 1972 for clarification in the matter.
From India, Delhi
363From India, Delhi
Im V Krishnan,working as an executive accounts in last 5.7 years in same coy.But now i want leave this organisation. While my joining period there is no any appointment order & any policy to resign.But HR peoples are told now,prior notice should must for 1 month. If i resign my job with working days of 24 or 26 then how much amt i will receive for gratuity.
Basic - 5050
Children Education Allowance - 250
City Compensatory Allowance - 2500
Conveyance Allowance - 1263
House Rent Allowance - 1768
Leave Travel Allowance - 250
Medical Allowance - 200
Mobile Allowance - 100
Out Station Allowance - 1000
From India, Pune
Basic - 5050
Children Education Allowance - 250
City Compensatory Allowance - 2500
Conveyance Allowance - 1263
House Rent Allowance - 1768
Leave Travel Allowance - 250
Medical Allowance - 200
Mobile Allowance - 100
Out Station Allowance - 1000
From India, Pune
Dear Mr. Krishnan,
For computing Gratuity only Basic +DA+VDA is taken into consideration and all the allowances which you have mentioned above are excluded. In your case 6 years of service is considered since a part of six months in excess is regarded as one year.
Therefore your Gratuity calculation will be 5050*15/26 *6(years) = 17480
Regards,
Shreekanth.P.R
From India, Mumbai
For computing Gratuity only Basic +DA+VDA is taken into consideration and all the allowances which you have mentioned above are excluded. In your case 6 years of service is considered since a part of six months in excess is regarded as one year.
Therefore your Gratuity calculation will be 5050*15/26 *6(years) = 17480
Regards,
Shreekanth.P.R
From India, Mumbai
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FORM-F-NOMINATI ON OF GRATUITY.pdf
Gratuity Form I.doc