Gratuity

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Mugdha

Mugdha (Querist)
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12 August 2011 Hi Experts

How to calculate gratuity ?

CMA. Murali

CMA. Murali (Expert)
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12 August 2011 As per Gratuity Act

Actual Gratuity Received
15/26*Basic Salary+DA*No of years of service or in excess of 6 months
10,00,000

As per Gratuity Act

Actual Gratuity Received
1/2*Basic Salary+DA(if)+Commission(if)*No of years of completed service
10,00,000

CMA. Murali

CMA. Murali (Expert)
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12 August 2011 As per Gratuity Act

Actual Gratuity Received
15/26*Basic Salary+DA*No of years of service or in excess of 6 months
10,00,000

As per Non-Gratuity Act

Actual Gratuity Received
1/2*Basic Salary+DA(if)+Commission(if)*No of years of completed service
10,00,000

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