I am an ex-employee of a bank under CRS. My Basic pay + Allowances + DA will be Rs. 105,000/-, but I worked only 10 days in the last month of my termination.
How much gratuity will I receive? I have completed 33 years in the bank.
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How much gratuity will I receive? I have completed 33 years in the bank.
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The formula for calculating the amount of gratuity is as follows: Basic + D.A Last drawn / 26 X 15 X No of years of service
= 105000 / 26 X 15 X 33
= Rs. 1,999,038.46 OR Rs. 1,999,038.00
You will receive a gratuity amount of Rs 1,999,038 provided that none of the particulars furnished are disputed by your employer.
From India, Salem
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6108= 105000 / 26 X 15 X 33
= Rs. 1,999,038.46 OR Rs. 1,999,038.00
You will receive a gratuity amount of Rs 1,999,038 provided that none of the particulars furnished are disputed by your employer.
From India, Salem
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SBT Vs Asst. Labour Commissioner- Gratuity dismissed employee-LTS.PD F
Gratuity calculation.doc