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P. Selvam (Manager - HR)     31 March 2010

Labour Laws

What is correct computation formula for gratuity????

Basic / Gross



Learning

 3 Replies

Vijayarajan (Executive Director)     01 April 2010

gross excluding certain items like OT allowences which are specifically exempted

radha krishna (vp-hr)     01 April 2010

Basic + DA component (i.e, VDA + FDA Etc) to be taken for gratuity cacluation.

Sarjooram Sharma (Assistant Labour commissioner)     01 April 2010

(Basic+DA)/26*no. of complete years. more than six months means a complete year, less than six months will be left out. a year means a year in which the workman has work at least 240 days.


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