hi Sir, i want to know basic condition of calculation of graduity and how to calculate Thanks Swapnil
From India, Mumbai
From India, Mumbai
Dear Swapnil,
Plz go through section 4 of the Gratuity Act, 1972 for your query.
With Regards,
R.N.Khola
From India, Delhi
363Plz go through section 4 of the Gratuity Act, 1972 for your query.
With Regards,
R.N.Khola
From India, Delhi
Dear Member,
This is calculation procedure of gratuity payment as laid down at sec.4(2 ) explanation which may be read as under. For more details plz go through section 4 of this Act.
Sec. 4(2) Explanation.—In the case of a monthly rated employee, the fifteen days’ wages shall be calculated by dividing the monthly rate of wages last drawn by him by twenty- six and multiplying the quotient by fifteen.
With Regards,
R.N.KHOLA I I LL & IR I
Skylark Associates I Gurgaon I Haryana I
Welcome Skylark Associates
From India, Delhi
This is calculation procedure of gratuity payment as laid down at sec.4(2 ) explanation which may be read as under. For more details plz go through section 4 of this Act.
Sec. 4(2) Explanation.—In the case of a monthly rated employee, the fifteen days’ wages shall be calculated by dividing the monthly rate of wages last drawn by him by twenty- six and multiplying the quotient by fifteen.
With Regards,
R.N.KHOLA I I LL & IR I
Skylark Associates I Gurgaon I Haryana I
Welcome Skylark Associates
From India, Delhi
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SALARY SHEET CALCULATION.xls