No Tags Found!


sylvia.das
Is gratuity applicable in the case of employees in a charitable association registered under the travancore cochin literary scientific and charitable societies registration act, 1955?
I'm working in one such organization in a different post but would like to help.
Anuradha

From India, Kochi
Meenakshi Dutta
5

Hi suresh,
How can we calculate the amount of gratuity..? Secondly as per my knowledge its applicable to those who have working exp of 5yrs in same org. but does calculation differ if exp is more than 7 yrs and above...?
Pls guide..

From India, Sangrur
sylvia.das
Thanks for the speedy reply suresh, can you elaborate what a non profit organization is? because our’s is an art school for foreign students, we do have fees for studies. Anu
From India, Kochi
malikjs
167

dear
tks for suresh/meenakshi.i would like to little bit different on this querry as no where it is written in gratuity act that gratuity isnot applicable for nonprofit or charitable organisation. so gratuity act is applicable here and it will be calculated with no of years of serv ice.
tks
j s malik

From India, Delhi
S.Chandrasekar
39

Hi Anu
The payment of Gratuity Act applies only to factory, mine, plantation, port, railways, and to every Shop and Establishment in which 10 or more persons are employed in Govt/Pvt companies.
Is your Cochi office registered under Kerala Shop and establishmnent? If so then Gratuity is applicable. Generally NGOs and NPOs run with a skeleton strength for social cause and don't book profit. So I don't think Gratuity or bonus is applicable even if you complete five years.
To be eligble it has to be under any of the above listing that involves high manpower, production, cash flow and P/L Account.
If they are so conscious, they can equate a proportionate amount in lieu of Gratuity.
Regards,
Chandru
Manager-HR

From India, Madras
Usha Maria
Hi
i am working for service industry for the past nine years. i would like to know whether i am eligible for gratuity or not. In May 2005 i resigned and left the company but rejoined within a month in the same company.
Now i have resigned here on 10th Oct 2008. please do reply.
my mail id : [IMG]https://www.citehr.com/misc.php?do=email_dev&email=bWFpbHVzaGhAZ21haWwuY2 9t[/IMG].
thanks in advance
Usha

From India, Hyderabad
Suresh Ramalingam
27

Hi Meenakshi,
Hope your doubt on non profit organizations has been clarified. Regarding the calculation, you may follow the below formula.
Last Drawn Wages X 15 X No. of years of Service = Gratuity
26
Again a person's experience is more than 4 yrs & 240 days, he is eligible for gratuity. Books may say 5yrs continuous service, but Judgements has concluded for less than 5 yrs also.(4yrs & 240 days)

From India, Mumbai
S.Chandrasekar
39

Mr.Suresh, Your reply w.r.t Gratuity is perfect and the formula is right. Regards, Chandru
From India, Madras
ritesh_ambs
1

Dear Mr. Suresh,
Can you please give me a reference of any judgment stated that, the Person have served 4yrs & 240 days, continuous service , will be eligible for Payment of Gratuity.
Also I want to know that, whether 240 days continuous service means including Holidays/w-off/Leaves or not?
Pls reply, I am eagerly waiting for ..
Thanks,
Ritesh Ambade
M- 9823319007

From Korea
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.