Gratuity Act

Amit Sharma (article) (2677 Points)

31 December 2007  

Under gratuity act:-


All the doubts are concrened with ppl in non govt organisations:-


(1) If registered:-- no.of years should be rounded off.


 


That meant if is 2yrs 2 months completed should it be rounded off to 2 yrs or 3 yrs.


 


As per my knowledge in excess of 5 months and above it shold be rounded off to next yr otherwise same yr.


 


Please let me know whichever is correct.