Dear All
Please let us know, the calculation of Gratuity eligibility i.e. 5 years is from the date of joining or from the date of confirmation. Because one employee has joined and was in probation for six months and then he was confirmed thereafter. now he has completed five year from the date of joining and is still yet to complete five years from the date of confirmation. Now he has resigned and is claiming his Gratuity payable.
Please suggest me what does law/rules says for the eligibility criteria.
Expecting your valuable suggestions.
Regards,
Gopal Kumar
From India, Mumbai
Please let us know, the calculation of Gratuity eligibility i.e. 5 years is from the date of joining or from the date of confirmation. Because one employee has joined and was in probation for six months and then he was confirmed thereafter. now he has completed five year from the date of joining and is still yet to complete five years from the date of confirmation. Now he has resigned and is claiming his Gratuity payable.
Please suggest me what does law/rules says for the eligibility criteria.
Expecting your valuable suggestions.
Regards,
Gopal Kumar
From India, Mumbai
Dear
There is a gratuity act 1972 as per act 5 yrs service is essential for that and below is the formula of gratuity calculation
Basic + DA X 15 X No.of Service / 26
Max gratuity paid limit is Rs.100000
From India, Pune
1There is a gratuity act 1972 as per act 5 yrs service is essential for that and below is the formula of gratuity calculation
Basic + DA X 15 X No.of Service / 26
Max gratuity paid limit is Rs.100000
From India, Pune
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Gratuity Eligibility.pdf
Gratuity eligibility for less than 5 yrs. (4yrs.240days). docx