Payment of gratuity

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 August 2011 Sir,

Are there any time limit to calculate the gratuity to make a provision as on 31st March.

e.g. if an employee has completed his 6 months in the company, the amount of gratuity will be provided in the books or not.

pls. advise


22 August 2011 Employees eligible for gratuity after completing 5 years, so once completing 5 years you can provide provision

23 August 2011 Yearly wise we make the Provision of the Gratuity or Gratuity Fund. The rational amount is given by the archay auditor of gratuity.The eligibility of employee who completed 5 years of service.




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