Gratuity

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Arif Ali (Querist)
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19 November 2011 If co. does provision for gratuity each year and any employee left co before completing the 5 year, then co what will do of the previous gratuity provision ?

please help me.

Kishanlal Paliwal

Kishanlal Paliwal (Expert)
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21 November 2011 It depends on the employment contract. If gratuity is the part of salary, the same is reuired to be paid even the employee left before completion of 5 years. If not payable, surplus should be adjusted with the current year's gratuity provision.

Regards
K.L.Paliwal