Dear sir,
My confusion is: is gratuity calculated on basic & DA? Is gratuity calculated on the last earned basic & DA, or the last rate of basic? Please guide.
For example, one of my employees has resigned. Her Basic & DA rate is 17670/- and her last earned rate is 4560/-. So, on which rate will the gratuity be calculated? On 17670 or on 4560? I need guidance.
Regards, Medha
From India, Mumbai
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3My confusion is: is gratuity calculated on basic & DA? Is gratuity calculated on the last earned basic & DA, or the last rate of basic? Please guide.
For example, one of my employees has resigned. Her Basic & DA rate is 17670/- and her last earned rate is 4560/-. So, on which rate will the gratuity be calculated? On 17670 or on 4560? I need guidance.
Regards, Medha
From India, Mumbai
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Gratuity Calculation= / 26 17670 is the amount to be taken into a/c.
From India, Pune
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From India, Pune
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SALARY SHEET CALCULATION.xls
Salary calculation.doc