I need to know gratuity calculation, what does LAST DRAWN SALARY MEAN, is it the pay master on which salary is calculated or is it the last salary actually drawn by the employee.
Say if employee is having Rs 30000 as his salary (Rs 15000 BASIC+DA) but he works only 20 days hence salary drawn is Rs 20000( Rs 10000 BASIC+DA) so should the last drwan salary be Rs 15000 or Rs 10000.
kindly clarify
Thanks
Sunil
From India, Pune
Say if employee is having Rs 30000 as his salary (Rs 15000 BASIC+DA) but he works only 20 days hence salary drawn is Rs 20000( Rs 10000 BASIC+DA) so should the last drwan salary be Rs 15000 or Rs 10000.
kindly clarify
Thanks
Sunil
From India, Pune
Dear Sunil,
Salary is meant for one month. If your entitled amount is less than one month salary due to shortage in attendance, for gratuity calculation full month salary will be taken into account.
Abbas.P.S
From India, Bangalore
517Salary is meant for one month. If your entitled amount is less than one month salary due to shortage in attendance, for gratuity calculation full month salary will be taken into account.
Abbas.P.S
From India, Bangalore
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Gratuity calculation.doc
Gratuity Calculation tool.xls