Please clarify: What is the minimum period required for gratuity? If an individual completes 4 years, 6 months, and one day of service, are they eligible to receive gratuity or not?
For gratuity amount calculation, 6 months and one day will be rounded up to one year. However, for eligibility, 6 months and one day will not be rounded up to one year. Hence, those who have a service of only 4 years 6 months and one day will not receive gratuity.
For gratuity eligibility, it is 5 years and one day. For calculation, if it is 6 months and one day, it will be rounded off to one year.
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