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rupeshkumar.kiran
7

Hi HR Folks, Gratuity calculation please. Service 6.2 yrs.
From India, Warangal
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Vmlakshminarayanan
Agm - Hr&admin
Rkn61
Sr. Hr Manager
Srinivas24
Hr & Ir Professional

rkn61
624

Dear friend, The subject matter, posted by you, have come for discussions, many a times. If you can simply scroll down your computer screen, you can find the answer, on the right side of your screen.
From India, Aizawl
vmlakshminarayanan
919

Hi Please refer calculation for the Gratuity Last drawn basic+ DA x 15/26 x number of years completed.
From India, Madras
Srinivas24
17

Dear Sir,

Let me elaborate, Mr. LN's answer, with small correction [ typo ]

Its Last Drawn Basic + DA x 15 / 26 x number of years completed.

Assuming that your last drawn Basic + DA is Rs. 1,00,000 and you have worked for 6.2 years.

Your Gratuity Payment is = 1,00,000 x 15 / 26 x 6 = Rs. 3,46,153.8

* Note : If years of service ends in decimals, for the purpose of calculation, it will be rounded off to nearest integer.

From India, Bangalore
vmlakshminarayanan
919

Hi Srini It is typo error. Last drawn basic+ DA x 15/26 x number of years completed.
From India, Madras
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