vinodsingh.hr Started The Discussion:
Dear members, what does salary means when we calculate gratuity under the act. Is it means basic+D.A or only basic or gross including bonus? Vinod
Posted 6th April 2010 From India, Pune

Dear Vinod,

We are to take into consideration only Basic wage & DA only for calculation of gratuity amount.For further details you may go through section 2(s) of the Payment of gratuity act, 1972 for definition of 'wages'.

With Regards,
R.N.Khola
Sr. Associate (LL & IR)
Skylark Associates, Gurgaon (Haryana)
(Labour Law Consultants)
Office: 311, AKD Tower, Sector 14, Gurgaon
(M) 09810405361 (O) 0124-4264449

Posted 6th April 2010 From India, Delhi



 
 
 
 







Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.

About Us - Advertise - Contact Us - RSS   On Google+  
Privacy Policy | Disclaimer | Terms Of Service
Facebook Page | Follow Us On Twitter | Linkedin Network