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Dear Sir,
Section 4 (2) of gratuity act ....part there of six months shall need to consider for gratuity. If that is the case excess of 4 years six months need to be paid.
Hope some experts will throw more light to this topic
From India, Tiruppur
Section 4 (2) of gratuity act ....part there of six months shall need to consider for gratuity. If that is the case excess of 4 years six months need to be paid.
Hope some experts will throw more light to this topic
From India, Tiruppur
Basic criteria is completion of 5 years of service to qualify for Gratuity on resignation/retirement or discharge.
In this case the employee is not eligible.
As some body said,even if the company has a policy of benevolence, the amount so paid without eligibility will only be called an ex- gratia than Gratuity.
Where an employee having service more than six months over and above 5 years, that will have to be treated as 6 years. If it is less than six months above 5 years, the Gratuity is calculated for 5 years.
From India, Indore
In this case the employee is not eligible.
As some body said,even if the company has a policy of benevolence, the amount so paid without eligibility will only be called an ex- gratia than Gratuity.
Where an employee having service more than six months over and above 5 years, that will have to be treated as 6 years. If it is less than six months above 5 years, the Gratuity is calculated for 5 years.
From India, Indore
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From India, Pune
From India, Pune
Employee is eligible for Gratuity, as he served for more than 4 years and 6 months, which has to be presumed as completed mandatory 5yrs of service for eligiblity.
From India, Tiruchchirappalli
From India, Tiruchchirappalli
Hi Deepak,
Gratuity is payable on completion of 5 continuous years .
The definiton of continuous year is as follows: if the employee has worked in 240 days in a year that is considered as one complete year.
Hence if an employee has workwed for 4 years and 240 days in an organization he is eligible to get gratuity.
Regards
Tarun Gaur
From India, Delhi
Gratuity is payable on completion of 5 continuous years .
The definiton of continuous year is as follows: if the employee has worked in 240 days in a year that is considered as one complete year.
Hence if an employee has workwed for 4 years and 240 days in an organization he is eligible to get gratuity.
Regards
Tarun Gaur
From India, Delhi
Gratuity is not payable.
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From India, Indore
Manager Marketing & Marketing Executives - Jaipur - Marketing Jobs - All Cities of Rajasthan
From India, Indore
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Surendra_Kumar_ Verma_Etc_vs_Th e_Central_Gover nment_on_23_Sep tember_1980 Gratuity payable 4 years.pdf
Gratuity Form I.doc