Dear Krishna,
This formula applies only in cases where an employee completes his five years continuous service as per section 2A of the P G Act, 1972.
With Regards,
R.N.Khola
From India, Delhi
363This formula applies only in cases where an employee completes his five years continuous service as per section 2A of the P G Act, 1972.
With Regards,
R.N.Khola
From India, Delhi
Dear All, As per decision of Honourable Suprim court if employee has work 4 year and 6 month and is teminated by mgt.inthat case employee is eligible for Gatuity . Thanks Sachin Lahane
From India, Mumbai
From India, Mumbai
Hi, No he is not eligible for gratuity, because if any employee worked atleast 5yrs onwards then he is eligible for gratuity.
From India, New Delhi
From India, New Delhi
GRATUITY ACT ITSELF SAY THAT the employee worked for 4.5 yrs or more is eligible for Gratuity and it is considered as 5 yrs. REGARDS VS
According to Sec. 4(1) under Payment of Gratuity Act , 1972 Gratuity shall be payable to an employee on the termination of his employment after he has rendered continous service for not less than Five years-
(a) on his superannuation, or
(b) on his retirement or resignation, or
(c) on his death or disablement due to accident or disease:
Porvided that the completion of continous service of five years shall not be necessary where the termination of the employment of any employees is due to death or disablement.
From India, Hyderabad
(a) on his superannuation, or
(b) on his retirement or resignation, or
(c) on his death or disablement due to accident or disease:
Porvided that the completion of continous service of five years shall not be necessary where the termination of the employment of any employees is due to death or disablement.
From India, Hyderabad
Hi,
If the employee has worked for a continuos period of four years (240 days in each of these four years) and has also worked for 240 days in te last 11 months, he will be entitled to Gratuity. Its for withdrawal it would be considered more than six month as an year but for eligibility he must serve for 240 days for the fifth year.
Regards
C.M.Mohla
From India, Delhi
If the employee has worked for a continuos period of four years (240 days in each of these four years) and has also worked for 240 days in te last 11 months, he will be entitled to Gratuity. Its for withdrawal it would be considered more than six month as an year but for eligibility he must serve for 240 days for the fifth year.
Regards
C.M.Mohla
From India, Delhi
We had an employee who missed two days to complete his 5 years and even after trying very hard we could not get the gratuity amount for him. Atleast in Bangalore, gratuity is not paid if the employee has not completed five continous years of service.
From India, Bangalore
From India, Bangalore
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FORM-F-NOMINATI ON OF GRATUITY.pdf
Gratuity Form I.doc