Dear All, Can you plz let me know the procedure for calculation of Gratuity ?
From India, Bangalore
Hi Sneha Shetty,
Please find the below link for your better use, As I have got through web search, And I believe Seniors can correct it, If any further changes are there.
Gratuity Calculation India
Have a good Day!!!

From India, Bangalore
Hi Sneha
Once the employee completes the period of 5 years of continuous service then he/she is applicable for gratuity.
Calculation for gratuity is 15 Days wages of the employee per year X number of years he/she works

From India, Bangalore
Hi Aisha n Jeeva, Thank you for the reply, may i know before calculating what all forms to be issued or received and after issuing gratuity what as to be done.
From India, Bangalore
Hi Sneha
Once the employee attains the experience of 1 Year you should enroll them for Gratuity by filling nomination form. Gratuity will be paid at full & final settlement. Under that you shall get the declaration for payment of Gratuity amount. No need to pay for existing employees

From India, Bangalore
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Dear Sneha,
Instead of asking "piece meal" instant coffee" tips why don't you get a bare act of gratuity act and know the over all info. & implications. This will save time & energy. Moreover use the search options too as this subject was discussed many times in cite HR.
ATB
kumar.s.

From India, Bangalore
Once the employee completes the period of 5 years of continuous service then he is applicable for gratuity. Calculation for gratuity is : Last Basic+ DA(If Any) *15/26*No of year of service.
From India, New Delhi
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