Calculation of gratuity

This query is : Resolved

Nehal (Querist)
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23 March 2015 Good Evening everybody,
I have some doubts regarding gratuity.
I want to know how much Grautity i will get if i leave the job after 5 yrs.
My basic salary is Rs. 15000/- and take home pay is 28133/-
So my doubt is wheter gratuity is calculated on basic or net take home pay.
Please guide.

Thanks for the help in advance.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 March 2015 http://taxguru.in/income-tax/gratuity-legal-provisions-taxation.html

check this link for all your doubts shall be cleared.

CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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23 March 2015 Formula Used : Gratuity Calculation In India = [ (Basic Pay + D.A) x 15 days x No. of years of service ] / 26

Where, D.A = Dearness Allowance.

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