As stated by Mr.Shyam Agarwal, Gratuity cannot be deducted from employee's salary, that's against law. Gratuity has to be paid to an employee who has completed 5 full years at the time of his exit from the organisation. In excess of 5 yrs the balance period if it's less than 6 months it should be ignored and if it's above six months it should be treated as 1 year. For Eg : X employee leaves the company 5.4 years means he is eligible for only 5 years. If he is leaving 5.7 years he is eligible to get gratuity for 6 years.
Any more inputs are welcome.
M.Karthik
HR
Any more inputs are welcome.
M.Karthik
HR