Whats is the calculation of Gratuity and Leave salary (15) if Gross Salary of Employee 38500?
From India, Vadodara
From India, Vadodara
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Dear Parul,
Gratuity is calculated after completion of service of 5 years. it is calculated on basic salary, for an example if an employee's basic salary is Rs-25000/-per month & his service period is 5 years then calculation will be done as below.
Basic salary 25000/26*15 *5= 72115/-
Regards,
Pankaj
From India, Haridwar
2Gratuity is calculated after completion of service of 5 years. it is calculated on basic salary, for an example if an employee's basic salary is Rs-25000/-per month & his service period is 5 years then calculation will be done as below.
Basic salary 25000/26*15 *5= 72115/-
Regards,
Pankaj
From India, Haridwar
Dear sir But how to show gratuity in salary Breakup I have enclosed attachment with this .I dont know what is the formula please help
From India, Vadodara
From India, Vadodara
Hello dear i had gone trough with your salary sheet i have little bit confusion , How we can ensure gross salary amount
From India, Delhi
From India, Delhi
Dear Parul,
In the sheet gratuity amt correctly shown (it will be always 4.81% of current basic). However while calculating the leave I have inserted the formula. 15 days annual leave for 26 days monthly working.
Pleased find attached the corrected sheet, hope this will serve your purpose.
Fellow members can put more light on it.
From India, Delhi
In the sheet gratuity amt correctly shown (it will be always 4.81% of current basic). However while calculating the leave I have inserted the formula. 15 days annual leave for 26 days monthly working.
Pleased find attached the corrected sheet, hope this will serve your purpose.
Fellow members can put more light on it.
From India, Delhi
Leave Encashment & Salary Calculation.xls x
FW Full and final settlement of all my dues including salary leave encashment Gratuity PF .zip