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If I have completed 4 years and 200 days in an organization, am I eligible for gratuity benefits as per our gratuity rules? If yes, then what amount shall I receive with the current basic of Rs. 10,000 plus zero DA?
From India, Mumbai
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see my thread on gratuity which i have earlier posted and also take help from recent amendment on gratuity act.
From India
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Dear Member, In accordance with the Payment of Gratuity Act, 1972 you are not entitled to receive gratuity payment from the employer. R.N.KHOLA
From India, Delhi
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Eligibility for Gratuity Benefits

You should have completed 4 years and 240 days in the fifth year to be eligible for gratuity benefits.

Calculation for Gratuity

Considering a basic salary of Rs. 10,000 and Nil DA, the calculation will be: ((Last Drawn Basic/26) * 15) * Number of completed years of service = (10,000/26 * 15) * 5 = Rs. 28,846.

From India, Calcutta
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