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Hi Everybody, Please help me regarding calculating gratuity under payment of gratuity act. How do calculate the gratuity.
From India, New Delhi
Hi, Gratuity is calculated as under:- Basic+DA divided by 26 * No of years of service *15. Regards, Derek
From India, Nagpur
gratuity is calculated as one month wages divided by 26 multiply by 15 and then multiply by the no of years of services (min 5 yrs)
From India, Mumbai
Hi
Plz find the calculation method
Last drawn Basic+DA per month X 15 X Total no of completed years of service
__________________________________________________ __________
26
Best regards
K. Prabhakaran

From India, Madras
Kindly elaborate on the meaning of DA in calculating Gratuity.In addition, kindly do a breakdown on how the figures calculation came about.
From Nigeria, Lagos
DEAR SIR, IN FORMULA OF GRATUITY CALCULATION WHAT IS THE MEAN OF 15 i.e basic+da/26*15* no. of years
From India, Coimbatore
Dear Sir,
I have completed 4 year and more than 8 months in one public limited organization.
I was joined this organization from 14-Sep-2009 and recently I was resigned from my post and my notice period up to 30-May-2014.
I just want to know that whether I am eligible for gratuity or not .
Thank You...

From India, Mumbai
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