Dear all,
I need help from you, one of our staff died due to brain sever attack on 01/05/14 on his age 33, he was joined with us on 01/10/2008, so let me know how to calculate Gratuity amount his basic was Rs. 3500/- per month.
Waiting for your reply.
SSP

From India, Pune
Dear Sachin, Formula to calculate Gratuity is salary x service x 15/26. In this case it is 3500x6x15/26 = 12115/- Abbas.P.S
From India, Bangalore
Mr.Abbas, Formula is correct. But as per the payment of Gratuity act length of service will be 6.7years. i.e.3500/26*15*7=14,135/-
From India
Dear Sriyaja,
Date of service shown in the above case is 01.10.2008 to 01.05.2014, which is 5 years 7 months and 1 day. Accordingly I have rounded the figure as 6 years and arrived the figure 3500x6x15/26 = 12115/-. I don't know from where you got the service length as 6.7 years?.
Abbas.P.S

From India, Bangalore
But in death case, Is he eligible to get remaining service gratuity, any idea?
From India, Pune
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