HI
I have completed 4 years 8 months in a PSU company governed under Paymennt of Gratuity act 1972. Am i eligible for gratuity ?
I have gone through an article which says that Eligibility for payment of gratuity is 5 years. Quantum of Service will be consider full year if some one has completed 6 month or more than that.
Pl advice to me regarding my eligibility of payment of Gratuity.
From India, Mumbai
3I have completed 4 years 8 months in a PSU company governed under Paymennt of Gratuity act 1972. Am i eligible for gratuity ?
I have gone through an article which says that Eligibility for payment of gratuity is 5 years. Quantum of Service will be consider full year if some one has completed 6 month or more than that.
Pl advice to me regarding my eligibility of payment of Gratuity.
From India, Mumbai
Though the Payment of Gratuity Act has not been amended but as per the latest Supreme Court ruling, you are eligible for gratuity.
From India, Pune
From India, Pune
Hi, I have completed 4years and 7month (i.e 9th April 2007 to 25th october 2011) working in retail industry, mumbai, Is I’m applicable for gratuity? Please direct me. Thanks Meenakshi
From India, Thana
From India, Thana
Dear All My Seniors
I want to know that what is the calculation for gratuity payment and only 5th year 240 working days would be consider for gratuity payment supose somebody did not complete minimum 240 days working critaria in their previous 4 year then he/she will be eligible for gratuity amount after completing his/her 5 year working.
Thanks and Regards
Raj Asiwal
Cont. No. 08445550248
From India, Meerut
I want to know that what is the calculation for gratuity payment and only 5th year 240 working days would be consider for gratuity payment supose somebody did not complete minimum 240 days working critaria in their previous 4 year then he/she will be eligible for gratuity amount after completing his/her 5 year working.
Thanks and Regards
Raj Asiwal
Cont. No. 08445550248
From India, Meerut
Hi sheeba ..
As per the Gratuity Act , eligiblity for gratuity is 4 years + 240 days in the 5th Year. Since you have completed 8 month in the fifth year means ( 8 month X 30 Avg.days per month = 240 days ) you are eligible to get the Gratuity.
Manohar
From India, Mumbai
As per the Gratuity Act , eligiblity for gratuity is 4 years + 240 days in the 5th Year. Since you have completed 8 month in the fifth year means ( 8 month X 30 Avg.days per month = 240 days ) you are eligible to get the Gratuity.
Manohar
From India, Mumbai
Dear Sir,
You have to complete full 5 years of service for gratuity purpose.
In case of Madras State, 4yrs-6 months above will be counted as 5 years of service because
the High Court gave verdict like that.
D.Gurumurthy
HR/IR Consultant
From India, Hyderabad
You have to complete full 5 years of service for gratuity purpose.
In case of Madras State, 4yrs-6 months above will be counted as 5 years of service because
the High Court gave verdict like that.
D.Gurumurthy
HR/IR Consultant
From India, Hyderabad
Hi, Thoough you have completed 4 yrs and 8 months, it will be treated as 5 years continuous service and hence, you are eligible for Grauity Claim.
From India, Pune
From India, Pune
Dear Mr D.GURUMURTHY,
This is for kind information that not only Madras High court but also the Hon. Supreme Court has given a judgment confirming that if the employee has worked for 240 days in the 4th year, he is eligible for gratuity.
Though the Payment of Gratuity Act has not been amended but denying any employee gratuity if he has worked for 4 years and 240 days may create future litigations for the organization.
regards,
Kamal
From India, Pune
This is for kind information that not only Madras High court but also the Hon. Supreme Court has given a judgment confirming that if the employee has worked for 240 days in the 4th year, he is eligible for gratuity.
Though the Payment of Gratuity Act has not been amended but denying any employee gratuity if he has worked for 4 years and 240 days may create future litigations for the organization.
regards,
Kamal
From India, Pune
Dear Seniors
I am little bit confuse about working days some senior says that 4th year 240 days is compulsary for gratuity and some says 5th year 240 days is compulsary so i want to know that what is correct information about this.
Thanks and Regards
Raj Asiwal
From India, Meerut
I am little bit confuse about working days some senior says that 4th year 240 days is compulsary for gratuity and some says 5th year 240 days is compulsary so i want to know that what is correct information about this.
Thanks and Regards
Raj Asiwal
From India, Meerut
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Payment of Gratuity Act, 1972 & The Rules.ppt
THE PAYMENT OF GRATUITY ACT 1972.doc