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Gratuity calculation
Can any body help me out in calculation of gratuity...means the process of calculation of gratuity...its very urgent.... regards satyabrata sarkar 919740833897
Confusion regarding gratuity calculation
Hello just am wondering as per gratuity calculators as well as formulas give even in various sections here. there is talk of basic d.a for calculation of gratuity. just want to know if grade pay has to be included in the calculation or left out. secondly is the cap at 3.5 lahks still applicable or has it already been revised to 10 lakhs. response to the same will be highly appreciated. regards
Gratuity calculation
Dear sir / madam kindly help me with the latest calculation for gratuity. as per my information i know the following calculation last drawn basic 15 days no. of service in years / 26 maximum limit for gratuity calculation is rs. 350000/ is this information correct? if not kindly let me know the latest calculation. regards vinayak sonawane
Gratuity calculation
Hello can anyone tell me the formulae for gratuity calculation. i have been working with this company for 6 years. never withdrew any gratuity amonut. thanking in advance for your response. thank you. chetan
Gratuity 4.81% ???????????
Gratuity calculation. hi i am a student need some clarification about gratuity calculation. how in every ctc breakup gratuity is calculated 4.81 whereas till now i have studied dat it is calculated on the basis of no. of years an employee worked
Gratuity settlement - gratuity on last drawn salary or basic will be considered on the month of renewal?
I joined a company on 1st aug 2002 and i resigned on 30th april 2011 so total worked is 8yrs 8 monthsso 9 years will considered for calculation my basic was 22500/ effective 1st april 2011 before increment basic was 15000/ according to gratuity act i supposed to get gratuity on last drawn salary which is 22500/ gratuity calculation 22500x15x9/26116827 our company is taken lic group gratuity scheme now our hr guy is telling that they renew gratuity scheme in every year in dec so basic will be considered on that months so his calculation is 15000x15x9/2677885 so according to his calculation i m losing 39000/ dear friends could u pls help me in this regard of gratuity calculation and renewal policy of group gratuity scheme is there any document which i can go back and fight for right calculation?