Gratuity

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vicky kapoor (Querist)
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20 September 2012 A employee in my office got promotion a day before his date of retirement i.e he promoted on 29th and retired on 30th.Now he got increment of 3% of his basic salary only for 2 days .Now what will be his basic salary for the purpose of calculation of gratuity.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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20 September 2012 Salary for gratuity is the last drawn salary.

Accordingly, the increased salary will be considered for the purpose of calculating gratuity.

vicky kapoor

vicky kapoor (Querist)
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20 September 2012 but the employee got increased salary only for 2 days ,how can we consider it as his monthly salary ,i think average monthly salary will be an option.please comment

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