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Continuous service for payment of gratuity

Querist : Anonymous (Querist) 20 May 2010 This query is : Resolved 

Kindly clarify whether the eligibility for payment of gratutity can be considerd as 4 years 8 months (i.e in fifth year it is 240 working days.)
Guest (Expert) 20 May 2010
An employee is eligible only when he serves minimum of 5 years period. While counting the number of years, the last year's service, if more than 6 months to be taken as one year for calculation and in all other years employee should work minimum of 240 days.
yogesh (Expert) 21 May 2010
i think gratuity is calculated on yearly basis and any one is eligible after 4 years and more than six months


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