Alphonse
Manager -hr&a
Naval R
Manager-admin
Lalitmohan
Admin, Hr, It, Finance
BHANUDAS BHORE
Admin. Service In Finance & Accounts
+1 Other

Thread Started by #nahushss_1709

Dear Sir / Madam,
Kindly help me with the latest calculation for Gratuity.
As per my information, I know the following calculation -
Last drawn Basic * 15 days * No. of service in years / 26
Maximum limit for Gratuity calculation is Rs. 350000/-
Is this information correct? If not kindly let me know the latest calculation.
Regards
Vinayak Sonawane
28th December 2012 From India, New Delhi
Dear HR friend
The maximum gratuity limit is not Rs.3,50,000 but the resent ammentment says it is 10lakh. I am attaching the GO for your reference and records
Formula is as follows
Basic
-------- x 15 x no of complected years of service.
26
Regards
Alphonse
9443625359
28th December 2012 From India, Madras

Attached Files
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File Type: pdf NEW GRATUITY ACT-AMMENDMENT.pdf (726.5 KB, 1058 views)

Dear Friend Kindly tell me that If any employee has been complete 4 yrs 11 month.Will he get gratuity as per our low??. I am waiting your prompt response. With Best regards Lalit Mohan
31st December 2012 From India, Delhi
Dear All,
If Employee have worked for 5.4 Years then Gratuity will be calculated on 5 years or full 5.4 Years.
Below Calculation is correct or NOT.
DOJ DOL NO.of Year Last Basic Gratuty Amount
11-Aug-07 1-Jan-13 5.4 10350 29856
Regards
Naval
9630117777
20th February 2013 From India, Indore
What is the procedure of Appeal to Income tax? and Which steps assesses has to fallow up to Supreme Court?
3rd January 2014 From India
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