Hai HR Folks Gratuity calculation please. Service 6.2 yrs.
From India, Warangal
7From India, Warangal
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
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
From India, Aizawl
Hi Gratuity calculation as beliw Last drawn basic+ DA x 51/26 x number of years completed.
From India, Madras
From India, Madras
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
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
Gratuity calculation.doc