20 November 2019
Sir,If a person is in employment during the period 1-10-10 to 31-03-12 (1.6 Years) in Company A and he is in employment during the period 1-04-12 to 30-11-2019 (7.8 years) in Company B.This Company B is demerged from Company A on 1-04-12. This Company B is paying Gratuity on 30-11-19 for the Whole Period of his Service(i.e., 9.4 years) in both the companies.Now for the Calculation of Exemption of Gratuity u/s.10(10) which period is to be taken as No.of completed years of service. And Provide the Eligibility criteria for an employee to get exemption u/s.10(10). And when we can say an employee is covered by the payment of Gratuity Act,1972.