How is gratuity calculated? - dearness allowance.. CiteHR
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narayankg Started The Discussion:

I would like to know how is the gratuity payout calculated. I have heard that its 15 days of pay based on your current pay structure. Not too sure....

tsivasankaran -  Member Since: Dec 2007
Gratuity formula is as under Basic + DA at the time of leaving *15 * number of years of completed service / 26 Siva

narayankg -  Member Since: Feb 2008
Thank you Siva....Would DA stand for daily allowance? In other words, is it total cash component ( CTC minus retirals ? )

tsivasankaran -  Member Since: Dec 2007
DA stands for Dearness Allowance. It may not be there in in BPOs or it may not be paid at senior levels It is paid to nutralise inflation Daily Allowance does not attract gratuity or PF or Bonus Siva

nand kumar -  Member Since: Aug 2007
Gratuity = BASIC + DA/26*15*No.of Year of Services Eligibility Criteria is Minimum compilation of 5 Year of services.

Nisha Srivastava -  Member Since: Apr 2007
Hi In what circumstances, a person after serving 5 years in a company is not eligble for Gratuity payment. Plz reply

Pratham solanki -  Member Since: Mar 2011
Dear Sir,
I have been working in Organisation company from last 9 years & company deducted my Pf from my salary but problem is company didn't gave me pf slip & Pf no.from joining.
Company name Transcoastal Cargo & Shipping Ltd.
Kindly advice What can i do?
Manish Solanki
Gandhidham - Gujarat




 
 
 
 





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