I get a CTC of 1,035,000 from a private limited company. My monthly basic salary is 34,500, and the rest is divided into HRA, medical, LTA, and special allowances (remaining). How much do I need to consider as DA for gratuity calculation?
From United States, Fairfield
When there is no DA in the salary structure, from where will we take the DA amount? In that case, we are to calculate the gratuity amount based on the Basic per month only.
R.N. KHOLA
Welcome Skylark Associates
From India, Delhi
Acknowledge(0)
Amend(0)
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Other Discussions That May Be Relevant
Formula of gratuity, consideration of da is mandatory or not? Dear all please clarify the calculation of gratuity. in the general formula for gratuity is the consideration of da mandatory or not? regards shabbir... 2 Replies0 Files2 Participants
Gratuity deduction - deducting 4.8%. which one is correct percentage? Hi friends in our company we are considering a gratuity deduction of 2.5 from the basic salary. some companies deduct 4.8. which percentage is correct? seeking your guidance. regards balaji... 21 Replies0 Files11 Participants
Understanding ctc calculation and basic salary components Hi friends i want to know how to calculate the basic salary from ctc. some of my friends have told me that "this is the reverse calculation of the salary."... 2 Replies0 Files3 Participants
Understanding gratuity calculation and employee leave considerations One of my employees has been on leave without salary for the past 7 years. now he has submitted his resignation letter. which salary should be considered for calculating gratuity?... 2 Replies0 Files2 Participants
Percentage for calculating basic pay+da for pf calculation Pf computation for basic pay and da i am working in an it company. we have just enrolled for pf and i wanted to know what percentage i should keep... 2 Replies0 Files3 Participants
422
Gratuity-Leave calculation on CTC-Rev..xls
Gratuity calculation.doc