Gratuity - Employee Salary [Thread 458571]

4.81% of monthly salary is the gratuity payable to an employee.
Eg;
Monthly salary=Rs1000/-
Gratuity for one year=1000*15/26=Rs577/-
Gratuity part for one month=577/12=48.08 ie4.80%
Varghese Mathew

sir
I was working with an autonomous body under govt of India from 15th March 2001 to 21st March 2013. Out of this, my service from 15th March 2001 to 30th June 2005 was on contractual basis and on 1st July 2005, I became a permanent employee. I resigned from the organization on 21st March 2013.
When I was given the gratuity, only the period from 1st July 2005 to 21st March 2013 was considered and the period from 15th March 2001 to 30th June 2005 was not considered even though there was no break in my service.
After I got relieved from the organization, Central Govt declared a DA increment with effect from January 1st 2013. Am I eligible for a gratuity with this increase in DA?
Kindly guide me
Regards
Satheesh

As per POG Act you are eligible for gratuity from 2001 if you were working in an industrial establishment.If you were in an autonomous body governed by GOI service rule,the matter is different.
Varghese Mathew
9961266966

Sir
Can I Make a call to the number 9961266966
Regards
Satheesh

Hello everyone....
My question is that waht to do with that amount which is deducted from employee if employee leaves company before 5 years say in two or three years?
Will employee get that deducted amount back or not as he has not completed 5 years in a same company as per POG act?
Please reply
Thanks
Parul

As pointed out by many,deducting any amount from employee's salary earned by him towards gratuity is illegal.If deduction is notionally shown from CTC, it is OK.Otherwise the deducted amount should be refunded by way of correcting a mistake.
Varghese Mathew
9961266966