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Urvang (Service)     25 March 2008

Gratuity Act

Hi,

As per my understanding, we can calculate Graduity based on Last drawn salary x 15/26 x No. of years of service formula.

Now I want to know the components of Last drawn salary. Is it Basic + DA OR other?. Can we add some more compnent to calculate graduity?



Learning

 7 Replies

partharajagopal (HR)     25 March 2008

Hi Only basic regards partha

Guest (n/a)     26 March 2008

Last drawn Salary is Basic + DA. No other componenent can be added for calculation of gratuity.

Guest (n/a)     26 March 2008

I need Graduity act related forms and present slap info about Graduity

Guest (n/a)     27 March 2008

We may also add any production incentive payable by the employer to the employee.

PBS KUMAR (HR - PROFESSIONAL)     28 March 2008

The Gratuity will be caleculated on the last (Full Salary) i.e Basic + DA x 15/26 x No.of years of service

pondy.queen (n/a)     31 March 2008

adfads

Guest (n/a)     03 April 2008

Pondy.queen, you need to work on your English grammer

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