Gratuity Ceiling Raised To 10 Lakhs - DOC Download

MANOKAVIN
Hai Friends
Please find attached file which is self explanatory.
Mano Kavin
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Adv Vijayakumar
Mr Mano Kavin,
Your comments about the quantum of Gratuity is not correct, because you have mentioned as 15 days salary for every completed year of service. There is a formula for calculating gratuity is as follows:
Last drawn monthly salary divided by 26 * 15 * no of years of service . If u are using the formula for calculation it will come more than 15 days salary.
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