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shreekanth.pr
19

Dear Mr.Sinha,
Could you please elaborate on how the Gratuity percentage is arrived at. I learn that it is the lump sum given at the end of the employment on resignation, death or disablement after 5 years. Is it deducted monthly??? what if an employee resigns after working for only 1 year? would he also be provided with gratuity amount?

From India, Mumbai
sanjeev patil
2

Dear Prerna
The correct way to calculate the gratuity is as per the following formula:
15 /26 x GS x SER
Gratuity Salary (GS) Last drawn basic salary including dearness allowance (if any)
Gratuity Service (SER) Completed years of Continuous Service with part thereof in excess of six months.
Regards,
Sanjeev

From India, Mumbai
kannanmv
256

Dear Mr.Shreekanth,
4.81% for Gratuity is worked out on the following basis.
Assume the employee is drawing a wage of Rs.100/ month
100 X 15/ 26/ 12 will give you the Gratuity computation per annum. Further if you divide this by 12 (calendar months in a year) then you will arrive at 4.81%.
Trust the matter is clarified.
M.V.KANNAN

From India, Madras
PoonamSK
Dear Seniors,
I have joined the organization as an HR Exe., previously I was taking care of T&D, but now i have to take care of generalist profile. I would be grateful if you let me know the PF & ESIC Forms requirement. Their online and off line submission. And is it necessary to get registered into it. What is the criteria for the same.
Poonam Singh,
Indore (MP)

From India, Bhopal
pganeswararao
14

Hi kavitha The ESI will be on Rs.15,000/- gross salary only, more than that who draws will not be eligible for ESI. Rgds Ganesh
From India, Hyderabad
ujar10
2

Dear sirs i work for an association for the past 14 years. I am the single man to manage the entire show.i am given a consolidate salary. if i retire now will i be eligible for graduity . r gopal
From India, Madras
indra-hr
1

can we calculate gratuity in percentage what % of Gratuity of salary
From India, Chandigarh
Tushar G7
salary deductions
pf-12 % of basic
pt- as per respective state govt structure
tds-deducted with respect to salary range
esi- 1.75 % gross from employee & 4.75 % of gross from employer
lwf-labour welfare fund(once in six month)
Regards

From India, Solapur
Vino.info1988
What is the percentage of provident fund ,HRA, wash, heat allowance? Esi percent and minimum date of working required for Esi and pf
From India, Chennai
Anonymous
In current company grauity is cal as per act ie 4.81% but new recuiter is calculating almost 8% of basic as a grauity . So is it a good thing to consider ?
From India, undefined
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