Hi Everybody, Please help me regarding calculating gratuity under payment of gratuity act. How do calculate the gratuity.
From India, New Delhi
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5From India, New Delhi
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Hi, Gratuity is calculated as under:- Basic+DA divided by 26 * No of years of service *15. Regards, Derek
From India, Nagpur
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From India, Nagpur
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gratuity is calculated as one month wages divided by 26 multiply by 15 and then multiply by the no of years of services (min 5 yrs)
From India, Mumbai
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From India, Mumbai
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Hi,
Please find the calculation method: Last drawn Basic+DA per month X 15 X Total no. of completed years of service / 26.
Best regards,
K. Prabhakaran
From India, Madras
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Please find the calculation method: Last drawn Basic+DA per month X 15 X Total no. of completed years of service / 26.
Best regards,
K. Prabhakaran
From India, Madras
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Kindly elaborate on the meaning of DA in calculating Gratuity.In addition, kindly do a breakdown on how the figures calculation came about.
From Nigeria, Lagos
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From Nigeria, Lagos
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DEAR SIR, IN FORMULA OF GRATUITY CALCULATION WHAT IS THE MEAN OF 15 i.e basic+da/26*15* no. of years
From India, Coimbatore
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From India, Coimbatore
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I have completed 4 years and more than 8 months in a public limited organization. I joined this organization on 14-Sep-2009, and recently, I resigned from my post with a notice period up to 30-May-2014.
I would like to inquire whether I am eligible for gratuity or not.
Thank you.
Regards
From India, Mumbai
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I would like to inquire whether I am eligible for gratuity or not.
Thank you.
Regards
From India, Mumbai
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Payment of Gratuity Act, 1972 & The Rules.ppt
THE PAYMENT OF GRATUITY ACT 1972.doc