Understanding Gratuity Calculation and Employee Benefits in India - CiteHR

Hy Dears, Please provide me the detail about graduity formula. Thanks, Muhammad Hanif Rana
From Pakistan, Lahore
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I agree with the Submittable calculation, but I hope we can go up to a maximum of 3.5 lakh. Either the least amount could only be paid to the associate entitled under Gratuity. The other condition is the minimum period of enrollment for any associate would be not less than 5 years.

Regards,
G. Vinay Kumar
Certified Master Trainer (HR)

[LinkedIn Profile](http://in.linkedin.com/in/vinaygajula)

From India, Hyderabad
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I agree with the Submittable calculation, but I hope we can go up to a maximum of 3.5 lakh. The least amount can only be paid to the associate entitled under Gratuity. The other condition is the minimum period of enrollment for any associate should be no less than 5 years.

With regards,

Regards

The limit of the Gratuity amount has been increased to Rs. 10,00,000.

Abbas P.S.

From India, Bangalore
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Hi, Employee Gratuity is calculated by the following formula: (Last Drawn Basic + D.A) x 15 / 26 x No. of year in service Minimum service of 5 years & claim maximum upto 10 lakhs. Regds Siddharth
From India, Pune
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