Dear All, Please clarify on gratuity calculation, In the general formula of gratuity, consideration of DA is mandatory or not?? Regards Shabbir
From India,
From India,
As per the Payment of Gratuity Act,1972-
"Wages" means-
- Basic and Dearness Allowance (If any)
- It does not includes any Bonus, Commission, HRA, Overtime Wages, Special Allowance and Reimbursement are not taken for the calculation.
Regards,
Amit
From India, Delhi
139"Wages" means-
- Basic and Dearness Allowance (If any)
- It does not includes any Bonus, Commission, HRA, Overtime Wages, Special Allowance and Reimbursement are not taken for the calculation.
Regards,
Amit
From India, Delhi
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SACHIN GRATUITY FORMULA SHEET.xlsx
FORM-F-NOMINATI ON OF GRATUITY.pdf