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Hello Everyone,
This is Dakshesh Naik, I am new to the Complete Salary Procedure in a Company , including PF, ESIC & PT. Can anyone guide me or provide me some steps or formats, I would be grateful.
Dakshesh Naik

From India, Pune
Hi Dakshesh, Here is the Document attached........Registration Procedure for all acts
From India, Hyderabad

Attached Files
File Type: doc Registration Procedure.doc (74.0 KB, 8231 views)

if employee has completed his 5 years of service in a company now he want his gratuity payment he is liable to it. can any one please explain weather that company have to pay the total amount or by government. what is the proper procedure to get gratuity amount? please explain me
From United States, Washington
Yes He is liable to get Gratuity by default......
For this reason Every organization maintains its Funds in some or other way. Gratuity fund for an employee is deposited into the funds every month and on completion of 5 Years of service based on the calculation ,
Gratuity = Last drawn Basic salary * 15/26 * No:of years of Service,
is paid to him to a limit 10,00,000 Maximum.
There are discussions on this before. Please have a look.

From India, Hyderabad
Hi Mr.Naik,
The simple way to process employee salary to save time & human errors, I suggest you to plz go for a payroll software.
Using payroll software you can automate your salary processing part which will save your hectic work.
Also for your information if you think it costs your organization then dont worry about that becoz our software solution comes only at Rs.15,000.And its one time investment only.
So if you want to know more info,plz feel free to contact me at:
[email protected]
or call me on 09920823523

Our office is located in Mumbai,but we offer our services to all over India.

From India, Mumbai
Hi Mr/Ms/Mrs Washington,

Please do not use a new thread of discussion with other post.. You can post it separately as new discussion or topic..and now with your question on Gratuity ..yes gratuity will be applicable as he is complete his 5 year with an organization...


What is a year of service under Gratuity act?.

An Year of service means, for the purpose of calculation gratuity, he should have worked for 240 days in that calendar year. For an instance an employee had worked for more 7 years and his no of days worked in each are as follows:

Assume that the total No of days per year is 303 days
1 st year: 300 days
2nd year: 255 days
3rd year: 298 days
4th year: 129 days
5th year: 310 days
6th year: 110 days
7th year : 303 days

Now the employee is eligible for five years since he has not completed 240 days which is the eigible criteria for two years. But normally 99.99% of the companies are not following this.

But application of the Act is extended to those who have completed 4 yrs and 240 days in the fifth year. For calculation purpose the gratuity is calculated in multiplicity of 6 months. That is if an employee completes 6.7 yrs the gratuity is to be calculated for 7 years.

Total days from 02/02/2004 - 05/09/2008 = 1645 days.
Total no of off days (2 off days per week) between the working period is 468
so 1645 - 468 = 1177 days worked.

I have read in one of the thread a comment saying that if you worked for 4.8 then also you are eligible for gratuity.

Its simple Calculation :

Even the eligibility of gratuity is 4.8 years of continue service i.e = 4.8x240=1152
No issue go ahead"

From India, Gurgaon
And Mr. Dakshesh Naik, I hereby enclosed a sample salary structure for you and hope this will help you and plz feel free to contact if you have any question in your mind...
From India, Gurgaon

Attached Files
File Type: xls Salary Break-up.xls (27.0 KB, 1529 views)
File Type: xls SALARY---090909pswd.xls (161.5 KB, 1525 views)

hello sir, i am really sorry for that..but i am new to this site n didnt know the actual procedure..thanks a lot for explaining abt gratuity n solving my confusion...
From United States, Washington
Complete knoweldege of Salary Structure formate in MBA Instiutte i.e. calculation from Employer side & employee side. Give brief details in salary structure..
From India, Diu
HI Dakshesh,
1) gratuity calculation:- For gratuity eligible criteria- who served 5 years or more than 5 year if he served 6 years 7 month 15 days calculate as an 7 year and whose basic salary more than 3500.
2) ESI :- only permanent employee eligible for ESI, duduction for ESI 1.75% from employee side and 4.75% from employer side.

From India, Pune
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