Sir My Completed service for gratuity calculation is 9 years 6 months 3 days.my query is can i consider it 9 years or 10 years to calculate gratuity and please provide any rule copy for the same
13 July 2019
Sir,Thanks for giving reply sir,but the link which u sent is showing wrong if in entered 9 years 6 months it is coming to Rs.45,811 ,if i take it 9 years 7 month it is showing to Rs.50901.00.i am requesting you to please clarify my service is 9 years 6 months 3 days.whether i treat 6 months 3 days as 7 months or 6 months
27 July 2019
It is calculated according to this formula: Last drawn salary (basic salary plus dearness allowance) X number of completed years of service X 15/26.
Thank you for immediate reply and i asked you about gratuity for death cases. as per my knowledge no of years of service in death cases calculated to her / him retirment age from date of joining date.please let us know the calculation
CAclubindia
