Payment of Gratuity Act - Calculation of 240 Days
1. 240 days - Are these days counted as present by the employee only (excluding or including weekly off, national holiday, or approved leave)?
2. It's 4.8 M - (30 days * 8 M = 240), but it shows 4.9 M in many places. Which is correct?
Please guide...
1. 240 days - Are these days counted as present by the employee only (excluding or including weekly off, national holiday, or approved leave)?
2. It's 4.8 M - (30 days * 8 M = 240), but it shows 4.9 M in many places. Which is correct?
Please guide...