Calculation Of Gratutity - Doc Download

Dear all,
Please tell me how we can calculate gratutity, urgent required.
Gurvinder Kaur

Hi,
Gratuity is calculated as per the following formula:
Basic salary*(15/26)*No. of years of service completed in the current organization.
pls. note that
1. An employee is eligible for gratuity only if he / she completes 5 years of uninterupted service with the organization.
2. 15 (in the formula) = 15 days of the month (for a working year)
3. 26 (in the formula) = total working days in a month.
Regards
Zubin

Dear Zubin,
Please make a note of Gratuity Calculation
Calculation={Lastdrawn(Basic+DA)*15*No.of years}/26
i.e.After compeltion of 5 years contibuous service then only employee wil eligible for gratuity.
Regards
Charvaka Reddy

Dear all,
pl see attached file for Gratutity Calculation.
Regards
Human Resource
Maulik Patel

Dear all
If employee completed 4 years and 240 days.
He/She eligible for gratuity as per gratuity act.
Please inform me.
regards
Saurabh

Dear All if any employee completed 16 year 6 month 16 days please confirm he will eligible fo 16 year or 17 year for gratuity?

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