View Single Post
  #2 (permalink)  
Old 06-25-2008, 12:45 PM
Nandish Nandish is offline
Junior Member
 
Join Date: Jun 2008
Posts: 17
Arrow Re:

Dear Rupali,
Gratuity liability of an government employee is no different from the gratuity liability of private sector employee.

Calculate your gratuity amount as follows

Your gratuity amount = (Last Drawn Basic Salary + Dearness Allowance) x 15/26 x no. of years of completed service

1. If you have completed 4.8 years but less than 5 years, it can be rounded off to 5 years.
2. For every year after 5 years of completion, .5 is rounded to one. For example 5.5 years is 6 years but 5.4 years is 5 years only.
Reply With Quote