My organisation calculates the gratuity every year at the start of the FY with the salary revision.
But as per rules, company should calculate from the last drawn salary?
This will make a difference of final amount if they calculate every year and not by calculating the finally.
Please confirm.
From India, Guwahati
1But as per rules, company should calculate from the last drawn salary?
This will make a difference of final amount if they calculate every year and not by calculating the finally.
Please confirm.
From India, Guwahati
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Payment of Gratuity Act, 1972 & The Rules.ppt
Gratuity calculation.doc
FORM - F (TN Payment of Gratuity Rules, 1973).xls