Suppose the employee is on the company's rolls till the date of resignation. In that case, the total period from the date of joining to the date of leaving will be considered for service to calculate gratuity; if any break is between them, the break period will not be considered for service for the calculation of gratuity. Once you have completed five years of continuous service in the company (without any break in service), you are eligible for gratuity.
Gratuity Calculation:
Last Salary drawn (PF deductable salary, Basic+DA+sp.allowance)/26 days *15 days ( for every completed year of service, 15 days of salary will be calculated as gratuity,and if the service is more than six months then one year will be added in service)* no of years of service (after 5 years of continuous service)
Gratuity Calculation:
Last Salary drawn (PF deductable salary, Basic+DA+sp.allowance)/26 days *15 days ( for every completed year of service, 15 days of salary will be calculated as gratuity,and if the service is more than six months then one year will be added in service)* no of years of service (after 5 years of continuous service)