Gratuity Calculations [Thread 18045]

Hi Everybody,
Please help me regarding calculating gratuity under payment of gratuity act. How do calculate the gratuity.

Hi,
Gratuity is calculated as under:-
Basic+DA divided by 26 * No of years of service *15.
Regards,
Derek

gratuity is calculated as one month wages divided by 26 multiply by 15 and then multiply by the no of years of services (min 5 yrs)

Hi
Plz find the calculation method
Last drawn Basic+DA per month X 15 X Total no of completed years of service
__________________________________________________ __________
26
Best regards
K. Prabhakaran

Kindly elaborate on the meaning of DA in calculating Gratuity.In addition, kindly do a breakdown on how the figures calculation came about.

DEAR SIR,
IN FORMULA OF GRATUITY CALCULATION WHAT IS THE MEAN OF 15
i.e basic+da/26*15* no. of years

Dear Sir,
I have completed 4 year and more than 8 months in one public limited organization.
I was joined this organization from 14-Sep-2009 and recently I was resigned from my post and my notice period up to 30-May-2014.
I just want to know that whether I am eligible for gratuity or not .
Thank You...