Dear Friends,
Yes Gratuity should be taken into consideration from day one and according to me if any employee as completed 4 years and 240 days than he/she will eligible for Gratuity.
Friends correct if i am wrong...........
Regards
Amith R.
From India, Bangalore
16Yes Gratuity should be taken into consideration from day one and according to me if any employee as completed 4 years and 240 days than he/she will eligible for Gratuity.
Friends correct if i am wrong...........
Regards
Amith R.
From India, Bangalore
Hello Can anyone tell me whether the death case. employee is worked in three month so his famaily is claim of gratuity Please reply. kumer singh
From India, Delhi
From India, Delhi
I think there is lot of discussion on the Gratuity and what the latest I have heard is same what Mr. Amith R. has said and I ave heard that for this updatation there is a Case Law also, but I am unable to get the same till date, untill and unless I got the same I can't comment on that, but as per Gratuity Act it is still only after the completion of full 5 years of service with the organisation.
In the case of death of an employee this condition doesn't exist, Employer has to give the Gratuity to the nominee of the deceased employee even if his / her services falls short of 5 years.
From India, Delhi
In the case of death of an employee this condition doesn't exist, Employer has to give the Gratuity to the nominee of the deceased employee even if his / her services falls short of 5 years.
From India, Delhi
Just for information,
Gratuity tax exemption limit is revised to 10 lacs.
I.e. if a person has recieved a gratuity upto 10 lacs, there is no tax liability
However if there is more than 10 lacs, then the person would pay tax on excess of 10 lacs
From India, Mumbai
Gratuity tax exemption limit is revised to 10 lacs.
I.e. if a person has recieved a gratuity upto 10 lacs, there is no tax liability
However if there is more than 10 lacs, then the person would pay tax on excess of 10 lacs
From India, Mumbai
Gratuity is a part of CTC(Depends on the organisation how it takes).
Gratuity should be calculated when the employee joins the organisation(Date of Joining should be considered).
and the maturity period in order to claim Gratuity is 5 years.
For Example : If the employee stays with the organisation for 4 Years.6 Months , he is eligible claiming Gratuity.If the employees stays 4 Years. 05 Months s/he isn't eligible.
Hope it helped.
From India, Hyderabad
Gratuity should be calculated when the employee joins the organisation(Date of Joining should be considered).
and the maturity period in order to claim Gratuity is 5 years.
For Example : If the employee stays with the organisation for 4 Years.6 Months , he is eligible claiming Gratuity.If the employees stays 4 Years. 05 Months s/he isn't eligible.
Hope it helped.
From India, Hyderabad
Hi,
Is payment of gratuity is mandatory for employer ? If yes then under which section of Payment of Gratuity Act ? What are the condition (such as no. of employees) under which it is mandatory for employer to pay Gratuity ? If employer decides not to pay gratuity or delay gratuity payment then what is penalty for him ?
From India, Mumbai
Is payment of gratuity is mandatory for employer ? If yes then under which section of Payment of Gratuity Act ? What are the condition (such as no. of employees) under which it is mandatory for employer to pay Gratuity ? If employer decides not to pay gratuity or delay gratuity payment then what is penalty for him ?
From India, Mumbai
I need a somple of gratuity policy for a steels manufacturing company Best regards, Jamal
From Bangladesh
From Bangladesh
Dear Seniors,
Kindly advice am working in pvt company and in this company there is no like basic, DA, HRA.
The salary is consolidated.
Kindly help to calculate the Gratuity amount calculation after completion of 5 years.
From India, Chennai
Kindly advice am working in pvt company and in this company there is no like basic, DA, HRA.
The salary is consolidated.
Kindly help to calculate the Gratuity amount calculation after completion of 5 years.
From India, Chennai
More than courses, especially since you have an MBA, your resourcefulness, ability to spot opportunities and perseverance will help you get a job.
See if you have anyone in your network working in such companies, see how many of them can you ask to forward your resume.
Post resume in all job sites. Followup on whatever vacancies you can fish out from there.
Keep an eagle's eye on job columns in ToI/HT career pages. Follow all of them up.
Most important, remember that you will get a job if you slog long enough. So, don't get disheartened. If you are not from a big name B-school, getting first break will take time but you will get there.
From India, Delhi
See if you have anyone in your network working in such companies, see how many of them can you ask to forward your resume.
Post resume in all job sites. Followup on whatever vacancies you can fish out from there.
Keep an eagle's eye on job columns in ToI/HT career pages. Follow all of them up.
Most important, remember that you will get a job if you slog long enough. So, don't get disheartened. If you are not from a big name B-school, getting first break will take time but you will get there.
From India, Delhi
Hello, can anybody suggest in case an organisation is 25 years old and it started the Gratuity just one year back(2016) is the employee working for last 10 years is entitled to claim for the gratuity today or it have to wait for the five years form the date the gratuity is started in the organisation??????
From India , Jaipur
From India , Jaipur
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FORM-F-NOMINATI ON OF GRATUITY.pdf
Gratuity Form I.doc