Gratuity Concerns: Is It Applicable If an Employee Passes Away Within a Month?

amarlove801@gmail.com
If an employee passes away within a month, will gratuity be applicable? If yes, what is the process?
vmlakshminarayanan
Hi, Yes, the gratuity will be paid to the nominee of the employee. "The completion of continuous service of five years shall not be necessary where the termination of the employment of any employee is due to death or disablement. Provided further that in the case of death of the employee, gratuity payable to him shall be paid to his nominee or, if no nomination has been made, to his heirs. Where any such nominees or heirs are minors, the share of such minors shall be deposited with the controlling authority who shall invest the same for the benefit of such minors in such bank or other financial institution, as may be prescribed, until such minors attain majority."
amarlove801@gmail.com
What is the calculation process and the reason for giving gratuity?
alok-singh1
Dear Amar, VM Lakshminarayanan Sir transparently mentioned everything. Gratuity Calculation Gratuity = (15 × last drawn salary × working tenure) / 30.
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