I am a ex employee of a bank under CRS. My Basic pay+ Allowances+ DA will be Rs.105000/- But I worked only 10 days in the last month of my termination.
How much amount of gratuity I will get. I have completed 33 years in the bank.
How much amount of gratuity I will get. I have completed 33 years in the bank.
The formula for calculation the amount of gratuity = Basic+ D.A Last drawn/26 X 15 X No of years of service
= 105000/26 X 15 X 33
= Rs.1999038-46 OR Rs.1999038-00
You will get a gratuity amount of Rs19,99,038/= provided that none of the particulars furnished are disputable by your employer.
From India, Salem
5967= 105000/26 X 15 X 33
= Rs.1999038-46 OR Rs.1999038-00
You will get a gratuity amount of Rs19,99,038/= provided that none of the particulars furnished are disputable by your employer.
From India, Salem
Find answers from people who have previously dealt with business and work issues similar to yours - Please Register and Log In to CiteHR and post your query.
Clubbing of allowances with basic pay under PF Act.pdf
Minimum Wages Basic-DA.xls