Dear All, Please help me out in calculating Gratuity...... If you have any study and practical materials ..please send me....
From India, Bangalore
1From India, Bangalore
Dear Suki, Gratuity calculation is = Basic + D.A. X 15 / 26 X No. of years completed in services = Gratuity Amount. t satchi
From India, Pune
From India, Pune
Hi,
The gratuity computation is as follows:
Basic salary as on 31st Mar+DA * (15/26) * No. of yrs of service.
Hope you are aware that gratuity is payable to a resigned employee only if he has completed 5 years of service. However, finance department may need to know the gratuity amount to provide provision for gratuity payment. Here, gratuity is computed for all employees irrespective of their years of service, but not paid out.
Eg 1:
An employee joins on 1st March 2002 and resigns on 26th December 2008. His basic salary as on 31st Mar 2008 is 15000.00, then how do you calculate gratuity
Ans:
1st March 2002 to 26th December 2008 = 6.8 years of service
15000 * (15/26) * 6.8 years = 58846.00
If there is a increase in basic salary during the year, the same can be considered proportionately.
Rgds,
Sharath
9341906204
Email:
From India, Bangalore
The gratuity computation is as follows:
Basic salary as on 31st Mar+DA * (15/26) * No. of yrs of service.
Hope you are aware that gratuity is payable to a resigned employee only if he has completed 5 years of service. However, finance department may need to know the gratuity amount to provide provision for gratuity payment. Here, gratuity is computed for all employees irrespective of their years of service, but not paid out.
Eg 1:
An employee joins on 1st March 2002 and resigns on 26th December 2008. His basic salary as on 31st Mar 2008 is 15000.00, then how do you calculate gratuity
Ans:
1st March 2002 to 26th December 2008 = 6.8 years of service
15000 * (15/26) * 6.8 years = 58846.00
If there is a increase in basic salary during the year, the same can be considered proportionately.
Rgds,
Sharath
9341906204
Email:
From India, Bangalore
Hi Suki, Please herewith find the attached file of PPT for Gratuity Calculation. Warmest Regards, Mohan.M.S
From India, Madras
From India, Madras
Please calculate my gratuity as my salary drawn in December 2009 Basic +DA is 11600 and From January 2010?
My Basic+DA is Rs 17523 .Retirement date will be on 15/03/2010. My date of Joining was 06/09/1978.
Please tell me how much Gratuity amount I can get after my settlement
From India, Madras
My Basic+DA is Rs 17523 .Retirement date will be on 15/03/2010. My date of Joining was 06/09/1978.
Please tell me how much Gratuity amount I can get after my settlement
From India, Madras
please send me the file in which calculation of gratuity can be done. Regards, Charudatta Nijasure Dy. Manager - HR TACO Composites Ltd.
From India, Pune
From India, Pune
ELIGIBILITY FOR GRATUITY : I had joined a company in 4-Dec-2004 and left from there in 31-July-2009. Can i claim the gratuity?
From India, Delhi
From India, Delhi
Pls can someone explain what "DA" means??? I just keep seeing Basic+DA But dnt get wot DA stands for
From Nigeria, Lagos
From Nigeria, Lagos
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FORM-F-NOMINATI ON OF GRATUITY.pdf
Gratuity Form I.doc