Anil.arora
Administration Head
+1 Other

Thread Started by #Gopal Kumar Singh

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
28th June 2011 From India, Mumbai
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
28th June 2011 From India, Pune
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
4th July 2011 From India, Mumbai
Mr. Gopal i request you to go with this link https://www.citehr.com/219335-about-gratuity.html for your answers about Gratuity.
4th July 2011 From India, Gurgaon
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
5th July 2011 From India, Pune
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