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Dear all, This is request to you that let me know about gratuity -
Q 1. if an employee have completed services of 4 yrs and 10 months , in this case gratuity is applicable or not ?
Q 2. if an employee have completed services of 4 yrs and 10 months but in 10 months his total days is 180 , in this case gratuity is applicable or not ?
From India, New Delhi
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More than 4 years and 6 months shall be rounded off as 5 years to sanction gratuity.
240 days in a year shall be considered as one completed year of service. It includes earned leave, esi leave, legal strike / lockout days, maternity leave.
From India, Chennai
Dear S&R, Before asking questions, Please go through The Payment of Gratuity Act, 1972 & Rules in detail.Minimum 5 years of service is required for claiming Gratuity
From India, New Delhi
4 years 6 months can not be rounded off to 5 years. Minimum 4 years 8 months service required for Gratuity payment as per Madras High Court Guidelines which has now become norm for payment of gratuity. Anything over and above 5 years of service only eligible for round off to next year wherever the employee complete 6 month of service.
Regards
Ravichandiran
From India, Madras
Recently we have formed trust with LIC for Gratuity purpose as per LIC unless 5 years completed by an employee he/she will not be eligible for gratuity, better stick to this basics of gratuity Act for Safer Side.
From India, Pune
240 days in a year shall be considered as one completed year of service. So Minimum 4 years & 240 days service required for completion of 5 years for Gratuity payment. Anything over and above 5 years of service only eligible for round off to next year wherever the employee complete 6 month of service.
From India, Thane
Hi,
Refer to Sec 2 of Payment of gratuity act, which states for 4 years and 240 days. If you say that he/she came for 180 days , not for 240 days then you need to check the paid days. if the person has attended for 180 days and rest were paid leaves, sick leave, casual leave, leave from ESI or holiday and it accumulates to 240 or more than 240 days then he/she is eligible for that.
Numerous discussions has happen over this topic in the past however referring more discussion would put you in the state of dilemma .
From India, New Delhi
வணக்கம்,
ஒரு தனியார் நிறுவனத்தில் நிரந்தர பனி ஆனை பெற எத்தனை வருடங்கள் பனி புரிய வேண்டும்....
நான் தற்போது ஒன்றறை வருடங்களாக ஒரு தனியார் நிறுவனத்தில் வேலை செய்துவருகிறேன்
ஆனால், அந்த நிறுவனத்தில் இரண்டு வருட ஒப்பந்தபடி (trainee)என்ற முறையில் வேலை செய்துவருகிறோம்...
உங்கள் கருத்துக்களை பதிவு செய்யுங்கள்....
நன்றி...
From India, Erode
i want the record with gov. order.
From India
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