Need help in calculating gratuity eligibility and amount!!!
I joined a company on 09 JUNE 2014 and my last working day in that company was 16 FEB 2019. As we all know for gratuity we only need to complete 4 years and 240 days. I have completed 4 years 8 month and 08 days in that company. I need help on below points;
1) How to count 240 working days? Will it include Saturday and Sunday?In that office, all Saturdays, and all Sundays were off.
2) (Basic*15*completed years)/26. In the formula, I will put 4.8 or 5?In my case, I have completed 4 years 8 month and 08 days.
Request you all to support your answers by referring some act or document :) so that I can show them to the company.
I joined a company on 09 JUNE 2014 and my last working day in that company was 16 FEB 2019. As we all know for gratuity we only need to complete 4 years and 240 days. I have completed 4 years 8 month and 08 days in that company. I need help on below points;
1) How to count 240 working days? Will it include Saturday and Sunday?In that office, all Saturdays, and all Sundays were off.
2) (Basic*15*completed years)/26. In the formula, I will put 4.8 or 5?In my case, I have completed 4 years 8 month and 08 days.
Request you all to support your answers by referring some act or document :) so that I can show them to the company.