EXEMPT GRATUITY 4 employee not covered in gratuity act 1972

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janak (Querist)
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08 September 2009 if an employee retired on 15/01/2009 & his basic salary was Rs. 10,000 at the time of retirement .
increment in his salary was from 08/07/2008 of Rs. 1,000.
while calculating avg.salary of last 10month preceding the month of retirement , whether we will calculated from 01/03/2008 to 31/12/2008 OR from 15/02/2008 to 15/12/2008?

diwakar mittal

diwakar mittal (Expert)
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08 September 2009 In the case of gratuoty we take salary from month to month that means fron 1-3-2008 to 31-12-2008
and in case of leave encashment we take salary from date to date basis

janak

janak (Querist)
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08 September 2009 i want to get more view of other experts on this answer .so i request to other experts to reply as soon as possible

KRISHNA KUMAR R C

KRISHNA KUMAR R C (Expert)
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08 September 2009 I agree with the expert

janak

janak (Querist)
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08 September 2009 thanks

janak

janak (Querist)
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08 September 2009 thanks

Arjuna Raina

Arjuna Raina (Expert)
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28 December 2009 your salary will be computed from 1.3.2008 to 31.12.2009

and the amount of salary will be as:
From 1.3.08 to 8.7.2008
i,e 4Months(9000*4)=36000
8 days = 290 = 36290.

From 9.7.2008 to 31.12.2009
i,e 5Months(5*10000)=50000
23 days = 434
= 50434
Hence the 10 months avg salary= (36290+50434)/10=Rs 8672

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