Hello Everyone, How is gratuity in india calculated in case of death of an employee before 5 years of service and after 5 years of continuous service..Please help! Its urgent! Thanks.
From India, Mumbai
From India, Mumbai
Hi Friend,
Pls note that gratuity is not paid if employee's death before 5 years. If he had work for 5 years and more than it than calculate like.
His current Basic salary/26= 1 day salary , 1 day salary X 15= 15 days salary , 15days salary X number of years he had work.= Gratuity.
Likewise.
Basic=3000
Years work=6 years
than calculate like 3000/26 x 15 x 6= gratuity.!!
From India, Silvassa
Pls note that gratuity is not paid if employee's death before 5 years. If he had work for 5 years and more than it than calculate like.
His current Basic salary/26= 1 day salary , 1 day salary X 15= 15 days salary , 15days salary X number of years he had work.= Gratuity.
Likewise.
Basic=3000
Years work=6 years
than calculate like 3000/26 x 15 x 6= gratuity.!!
From India, Silvassa
But prakash, according to me in case of death 5 years service isnt taken into consideration??!!
From India, Mumbai
From India, Mumbai
Dear madam As per the provisions of the Payment of gratuity act 1972, in case of death of employee, then the minimum service is waived and priests gratuity is payable. Adv SAWANT 9011075672
From India, Pune
62From India, Pune
Dear hetal,
In case of employees death, Continuous service of 5 yrs is not must.
if any employee dies who has served in an organisation for less than 6 month will not be eligible for gratuity.
Any person who has served for more than 6 months or 180 days then the gratuity will be paid for 1 yr.
Similarly if an death employee is served for 2 yrs and 8 months then the gratuity will be calculated for 3 yrs and if he is served for 2.5 yrs he will be paid for 2 yrs only.
Minimum 6 month or 180 days working is compulsory to get the gratuity benefit for complete year for an death employee.
From India, Mumbai
In case of employees death, Continuous service of 5 yrs is not must.
if any employee dies who has served in an organisation for less than 6 month will not be eligible for gratuity.
Any person who has served for more than 6 months or 180 days then the gratuity will be paid for 1 yr.
Similarly if an death employee is served for 2 yrs and 8 months then the gratuity will be calculated for 3 yrs and if he is served for 2.5 yrs he will be paid for 2 yrs only.
Minimum 6 month or 180 days working is compulsory to get the gratuity benefit for complete year for an death employee.
From India, Mumbai
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