How is my gratuity calculations if my basic salary is 5000, how much amount i can receive as the gratuity?

i am working with a private company in JAFZA since may 2005. Now i got termination letter (the notice period of 30days) i will complete 6years and 4 months..my question is ,how is my gratuity calculations if my basic salary is 5000, how much amount i can receive as the gratuity?
..please help me in this regards

The formula of calculating Gratuity amount is as follows:
Last drawn salary x No.of years served x 15 divided by 26
Accordingly solution to your query is :
5000 x 6years x 15 /26 = 17308
Your amount of Gratuity is 17308.

for your company the payment of Gratuity act is not applicable:
then the calculation is :
(Preceding 10 month salary/10)*15/30* total service years.

hi Ramachandram
in your calculation you calculated for 6 years onely then what about 4 months. we should consider 4 months are we shoud take 6 years onely

The formula for calculating of gratuity is:
Basic + D.A * 15/26 * no.of years in service.
first of tell me that what is last basic salary at the time when you leave the company.
give me the exactly details so that i can help you.
regards
neha

yes please give me full details of your salary. than i will help.
plz give me the following information
Basic
DA
VDA
FDA
at the time of left service

Formula for gratuity calculation is
(basic*4.8%)*12= a
then
a*6= your gratuity amount
calculation of 4.8% is:-15/312*100=4.8%
ex:5000*4.8%=240
240*12=2880
2880*6=17280 will be your gratuity amount

For purposes of calculating payable Gratuity, period of 6 months or more is taken into consideration and treated as if the employee has worked for one full year. This applies only after he/she completes the qualifying criteria of working for a continuous period of 5 years in the organization.

In the present case our friend has worked for a period of 6 years and 4 months. Therefore he will be entitled for Gratuity for 6 years only.

The amount so calculated assuming the salary is Rs.5000/- would be:

5000/26x15x6= Rs.17308

I hope I have asnwered your query to your staisfcation.

Best Wishes,

Vasant Nair

Subject - Re: gratuity calculation
I agree with the same clarification given by Mr P Ramachandran
Regards
Vinod Chauhan

Yes my first answer was wrong.little bit i was confused.
The correct answer is
1-step-15*6=90
2-step-5000/26=192.31
3-step-192.31*90=17308.