Whether Gratuity Is Payable Or Not - Pdf Download

pathaksnv
Dear Deepak
Pl. cleare his employement,
as Industries or News Paper , any shop & under the ground work.
RAMESHANPT
Dear Sir,
Section 4 (2) of gratuity act ....part there of six months shall need to consider for gratuity. If that is the case excess of 4 years six months need to be paid.
Hope some experts will throw more light to this topic
kola.krishnaiah@gmail.com
Basic criteria is completion of 5 years of service to qualify for Gratuity on resignation/retirement or discharge.
In this case the employee is not eligible.
As some body said,even if the company has a policy of benevolence, the amount so paid without eligibility will only be called an ex- gratia than Gratuity.
Where an employee having service more than six months over and above 5 years, that will have to be treated as 6 years. If it is less than six months above 5 years, the Gratuity is calculated for 5 years.
Rahul R Khodke
Dear All,Looking for female candidate for position - HR & Admin at Mulund (Mumbai) having 2-3 years of experience. Candidate can call on my cell no.9869415332.Regards,Rahul R Khodke
sesha1981
Dear Deepak,
Grauity only applicable after 4 Years 8 month is applicable .please check once again with Grautiy act.
bensonjy
Company with ten or more persons employed or were employed, on any day of the preceding twelve months; are eligible to pay Gratuity to their employees who complete 5 years in their organization
Benson
Jiffy
Hi Deepak,
The employee has to complete a full 5 years in an organisation in order to get eligible for gratuity. So calculate and see for yourself. He wont be eligible for gratuity.
Rgds,
Jiffy
kumaresank
Employee is eligible for Gratuity, as he served for more than 4 years and 6 months, which has to be presumed as completed mandatory 5yrs of service for eligiblity.
tarun2506
Hi Deepak,
Gratuity is payable on completion of 5 continuous years .
The definiton of continuous year is as follows: if the employee has worked in 240 days in a year that is considered as one complete year.
Hence if an employee has workwed for 4 years and 240 days in an organization he is eligible to get gratuity.
Regards
Tarun Gaur
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute