Hi,
I wished to have clarity on Gratuity withdrawal terms which states minimum of 5 years of Regular service in a company.
Does this 5 year mean F' Year of joining or is it calculated from Date of joining.
Plz update
Thanks
Ashu_bit1
From India, Calcutta
I wished to have clarity on Gratuity withdrawal terms which states minimum of 5 years of Regular service in a company.
Does this 5 year mean F' Year of joining or is it calculated from Date of joining.
Plz update
Thanks
Ashu_bit1
From India, Calcutta
Dear
In the gratuity Act "Gratuity is applicable to a permanent employee who completes 5 years of continuous service with the organisation"
An Employee is complete 5 year of continuously serving the Organization that mean If any employer approved his two year holidays for training or further study still he is eligible for the gratuity.
W.E.F- Date of joining -
OR
an employee has completed 4 years & 240 days of continuous service in the 5th year he is eligible for the Gratuity.
Basicly Gratuity calculated from D.O.J to 5 Year -
If a Person Join 5th Dec 2001 and continuous service till 5th Dec 2006 is eligible for the gratuity. wheter he is on leave for 3 month in a year or 2 year continous for an reason but Sanctioned from the Employer.
From India, Delhi
7In the gratuity Act "Gratuity is applicable to a permanent employee who completes 5 years of continuous service with the organisation"
An Employee is complete 5 year of continuously serving the Organization that mean If any employer approved his two year holidays for training or further study still he is eligible for the gratuity.
W.E.F- Date of joining -
OR
an employee has completed 4 years & 240 days of continuous service in the 5th year he is eligible for the Gratuity.
Basicly Gratuity calculated from D.O.J to 5 Year -
If a Person Join 5th Dec 2001 and continuous service till 5th Dec 2006 is eligible for the gratuity. wheter he is on leave for 3 month in a year or 2 year continous for an reason but Sanctioned from the Employer.
From India, Delhi
i have worked for a company so that i want to become and efficient stores manager i request you to give your valuable advice for maintenance of Returnable and non returnable goods in my stores. Therefore i humbly request you to send the registers specimen containing the entire details.
with regards,
Nageswara Rao
From India, Hyderabad
with regards,
Nageswara Rao
From India, Hyderabad
Dear Nageswara Rao,
The subject matter of this thread relates to gratuity & therefore it is suggested that you may post your query on separate or similar thread.
R.N.Khola
From India, Delhi
The subject matter of this thread relates to gratuity & therefore it is suggested that you may post your query on separate or similar thread.
R.N.Khola
From India, Delhi
Hi I have a question one of my colleague is working in a company for the past 4 yrs 250, recently he resigned from the company. Can he claim gratuity. If yes on what basis. Regards Mohan
From India, Hyderabad
From India, Hyderabad
Dear all,
Please note that according to section 4 of the Aat, Gratuity becomes payable only after rendering continuous service of not less then five years unless the termination of the employment of any employee is due to death or disablement.
Regards,
Apex Management Consultants, Parwanoo
From India, Shimla
Please note that according to section 4 of the Aat, Gratuity becomes payable only after rendering continuous service of not less then five years unless the termination of the employment of any employee is due to death or disablement.
Regards,
Apex Management Consultants, Parwanoo
From India, Shimla
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