Sir,
My question for payment of Gratuity. Pls confirm and reply to me
Gratuity = last Drawn wages* No of Years of service *15/26 as per Gratuity Act
DOJ is 01.12.1990
DOL is 31.03.2009
Total Service : 18 Year
Basic at the time of Leaving Rs.54000/-
Gratuity = 54000* 18 years *15/26
Gratuity = 560769.23
Gratuity = 560769.00 ( Rounded Off Figure )
What amount paid Rs.3,50,000/- or as per actual calculated amount
Anoop Shrotriya
My question for payment of Gratuity. Pls confirm and reply to me
Gratuity = last Drawn wages* No of Years of service *15/26 as per Gratuity Act
DOJ is 01.12.1990
DOL is 31.03.2009
Total Service : 18 Year
Basic at the time of Leaving Rs.54000/-
Gratuity = 54000* 18 years *15/26
Gratuity = 560769.23
Gratuity = 560769.00 ( Rounded Off Figure )
What amount paid Rs.3,50,000/- or as per actual calculated amount
Anoop Shrotriya