Anil.arora
Administration Head
+1 Other

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Dear Seniors
I would like to know that, apart from LIC, which all are the service provided for Gratuity.
May I get the Chart/program through which I can calculate the premium of all the employees as on date
Please help
Gopal Kumar
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SBI Life Insurance and Tata AIG Life Insurance also have group gratuity schemes.
Gratuity payment is calculated as 15/28 of monthly basic pay for every year of completed service, which is paid out when an employee retires or leaves the organisation.
regards,
Kamal
Thank you Mr. Prasoon
Noted. Also, a querry is there, if possible, a company changes their name after regular interval in a span of 5-6 years 3-4 times but employees are intact with them for same duration.
Is employees are eligible for Gratuity.
Pls suggest
Gopal Singh
Mumbai
Mr. Gopal i request you to go with this link https://www.citehr.com/219335-about-gratuity.html for your answers about Gratuity.
Dear Mr. Gopal,
First of all i didnt understand the reason behind company changing its name 3-4 times in a span of 5-6 years. This action must be to manipulate the acts and rules. Very unfortunate.
As far as gratuity applicability is concerned if employer-employee relationship had continued and the relationship was not snapped, employees are eligible for gratuity.
regards,
Kamal
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