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  #1 (permalink)  
Old 04-07-2008, 05:07 PM
Join Date: Sep 2007
Location: mumbai
Posts: 1
Unhappy Gratuity And LTA Claim
Hi,

I have 2 problems

1)
A person joined us on 13 Aug 2003

Wants to claim LTA for the 2005 - 2007 BLOCK

His basic from 1st April 2005 to 31st March 2006 was 10,400 &
GRoss = Rs.20,800.
His basic from 1st April 2006 - 31st March 2007 was 11,400 & Gross Salary = Rs. 22,800

Now he has resigned as of June 2008. And as part of final settlement we want to give him his LTA for 2005 - 2007.

At what salary do we calculate LTA? In this case what wil be the amt and formula?

2) Gratuity

A person has completed 4 years 10 months and 20 days in the company.
The person has resigned and we are waiving off the 2 months notice period.

a) Legally , is the person eligible for Gratuity? (He has completed 240 working days in the last year)

b) What will the calculation be??



Thanks,

Regards,

Deena J
Last edited by deena_jagasia; 04-07-2008 at 05:45 PM.
  #2 (permalink)  
Old 11-07-2008, 04:41 AM
Join Date: Jun 2008
Posts: 11
Default
deena

LTA is calculated minimum 8.33% on ( basic + special all.( D.A) )
He is not eligible for Gratuity because he has not completed a 5 year of sevice




sacheen

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