The premium paid in respect of employees who leaves without qualifying to gratuity will not go to insurance company but it will be adjusted against the insurance premium payable for the next period.
The issue is not with respect to premium but the gratuity portion shown is just a figure for the particular year based on the salary qualifying to gratuity for that year and it dos not consider the length of service.
The issue is not with respect to premium but the gratuity portion shown is just a figure for the particular year based on the salary qualifying to gratuity for that year and it dos not consider the length of service.