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.
|