The employee who have more than 4 years and 8 month working in the working he is the eligible for the gratuity. The maximum gratuity is Rs.10,00,000. Gratuity formula: 15/26*no of years*basic
From India, Bangalore
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From India, Bangalore
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The maximum gratuity payable amount has been increased from 3.5 lakhs to 10 lakhs. I am also attaching the Government Order (GO) for your reference and records.
Regards,
Alphonse
[Phone Number Removed For Privacy Reasons]
From India, Madras
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166Regards,
Alphonse
[Phone Number Removed For Privacy Reasons]
From India, Madras
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Dear Raman, The Gratuity formula is as follows : Basic + D.A. (if any)*15*No. of years completion / 26 Regards Rohit
From India, New Delhi
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From India, New Delhi
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Dear Siniors I am working in a Construction Company, any one can suggest me when a emploee get his graturity after resignation. Regards Sujit Jena
From India, Delhi
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From India, Delhi
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I am currently working in the Middle East, Doha, Qatar, and I am part of organizing our company. I just want to know if somebody can advise me on how to calculate overtime pay as per Qatari Labor Law, especially on Fridays and holidays.
Thanks & Regards,
Donald
From Qatar, Doha
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Thanks & Regards,
Donald
From Qatar, Doha
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Hi All, one more formulae i have gratuity=basic salary*4.81*12*no of years/100 a person can eligiable for gratuity after completion of 4 yrs & 266 days.
From India, Delhi
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From India, Delhi
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persons who has completed 4 years and 6 months are eligible for gratuity in an organisation, The formula has already mentioned.
From India, Anantapur
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From India, Anantapur
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We have one employee who has worked with us for more than 6 years, starting from the year 2008. He was absconding/on leave without pay (not working in the field) during that time. In 2011, we dismissed him, and his last date of record is 30th June 2011. My query is, can we calculate his continuous service until his date of record (i.e., year 2011) or until he actually worked, i.e., in the year 2008?
Please revert.
Thanks,
Sylvester
From India, Mumbai
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Please revert.
Thanks,
Sylvester
From India, Mumbai
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The calculation has to be made until the date of his dismissal. If you take into account his date of retirement, which I presume is subsequent to his date of dismissal, you would be paying gratuity for a period during which he was not in your employment.
Regards,
From India, Madras
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Regards,
From India, Madras
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Employee Benefits.doc
SBT Vs Asst. Labour Commissioner- Gratuity dismissed employee-LTS.PD F