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[ tsivasankaran ] (Contributing Member)
Gratuity formula is as under Basic + DA at the time of leaving *15 * number of years of completed service / 26 Siva
[ narayankg ]
Thank you Siva....Would DA stand for daily allowance? In other words, is it total cash component ( CTC minus retirals ? )
[ tsivasankaran ] (Contributing Member)
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 ] (Contributing Member)
Gratuity = BASIC + DA/26*15*No.of Year of Services Eligibility Criteria is Minimum compilation of 5 Year of services.
[ Nisha Srivastava ] (Contributing Member)
Hi In what circumstances, a person after serving 5 years in a company is not eligble for Gratuity payment. Plz reply
[ Pratham solanki ]
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 Found This Useful? +Vote Up This Page Via Google. Why Vote? User validation is extremely important for good content to prosper. | 5173 views6 replies Knowledgebase Categories Popular Discussions |