Dear Seniors,
I am working in company which is only one yr old. What should I do for the purpose gratuity of the employees. Please suggest me the procedure with calculation process of gratuity.
Sutanu Maulik
From India, Bolpur
I am working in company which is only one yr old. What should I do for the purpose gratuity of the employees. Please suggest me the procedure with calculation process of gratuity.
Sutanu Maulik
From India, Bolpur
Dear Sutanu,
If your establishment is covered under the Payment of Gratuity Act, 1972 & is one year old then ask the employees who have completed one year service to fill & submit nomination form 'F' to the management in duplicate. To know the procedure for calculation of gratuity you may go through section 4 of this Act.
R.N.KHOLA
(LL&IR)
Welcome Skylark Associates
From India, Delhi
363If your establishment is covered under the Payment of Gratuity Act, 1972 & is one year old then ask the employees who have completed one year service to fill & submit nomination form 'F' to the management in duplicate. To know the procedure for calculation of gratuity you may go through section 4 of this Act.
R.N.KHOLA
(LL&IR)
Welcome Skylark Associates
From India, Delhi
gratuity is for employees in an organisation for 5 years or more. The clause is 4.6 is rounded off to 5 yrs. Check if the organisation is under the gratuity cover scheme or not. If under then follow the below
last draws basic salary *No of years of service*0.5
if the organisation is not under the cover scheme then follow below
last drawn basic salary *No of years of service*(15/26)
From India, Bangalore
last draws basic salary *No of years of service*0.5
if the organisation is not under the cover scheme then follow below
last drawn basic salary *No of years of service*(15/26)
From India, Bangalore
Hi,
I have been working in an organisation and have completed 3 years out of which I was on maternity for 3 month(paid) + 2month (LOP). My question is how my gratuity days will be calculated would it be the day I joined organisation till 5 years or do it need to work for 2 month to get 5 years.
Thanks.
Guest N.
From United States, Chicago
I have been working in an organisation and have completed 3 years out of which I was on maternity for 3 month(paid) + 2month (LOP). My question is how my gratuity days will be calculated would it be the day I joined organisation till 5 years or do it need to work for 2 month to get 5 years.
Thanks.
Guest N.
From United States, Chicago
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Madras HC judg regarding gratuity is applicable if workmen is working 4 years 240 days..pdf