I would like to know how is the gratuity payout calculated. I have heard that its 15 days of pay based on your current pay structure. Not too sure....
From United Kingdom, London
Gratuity formula is as under Basic + DA at the time of leaving *15 * number of years of completed service / 26 Siva
From India, Chennai
DA stands for Dearness Allowance. It may not be there in in BPOs or it may not be paid at senior levels It is paid to nutralise inflation Daily Allowance does not attract gratuity or PF or Bonus Siva
From India, Chennai
Gratuity = BASIC + DA/26*15*No.of Year of Services Eligibility Criteria is Minimum compilation of 5 Year of services.
From India, Pune
Hi In what circumstances, a person after serving 5 years in a company is not eligble for Gratuity payment. Plz reply
From India, Kanpur
Dear Sir,
I have been working in Organisation company from last 9 years & company deducted my Pf from my salary but problem is company didn't gave me pf slip & Pf no.from joining.
Company name Transcoastal Cargo & Shipping Ltd.
Kindly advice What can i do?
Manish Solanki
Gandhidham - Gujarat

From India, Gandhidham
HibPratham,
Did you ever get a payslip which shows PF deduction component out of your salary. If yes , the must be payung it you can ask for pf number otherwise you can approach pf department.
Regards
Hema

From United States, Ogden

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