Gratuity Payment against Death Case
This query is : Resolved
18 September 2009
Hi Sir,
If a employee died during employment after 1.5 years of service is there there any liability of gratuity which company is bound to pay or if company is willing to pay some amount what should the basis of payment.
If a employee died during employment after 1.5 years of service is there there any liability of gratuity which company is bound to pay or if company is willing to pay some amount what should the basis of payment.
04 October 2009
First condition of gratuity liablity, one should complete Continue 5 yrs of service.
If you want to pay,you can pay the on ratio basis for example for 1.5 yr.
(BASIC SALARY*15 DAYS*1.5YR)/26DAYS
If you want to pay,you can pay the on ratio basis for example for 1.5 yr.
(BASIC SALARY*15 DAYS*1.5YR)/26DAYS
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