Gratuity
This query is : Resolved
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.
20 September 2012
Salary for gratuity is the last drawn salary.
Accordingly, the increased salary will be considered for the purpose of calculating gratuity.
Accordingly, the increased salary will be considered for the purpose of calculating gratuity.
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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Loan by Partnership Firm
- TDS related Query_Liquidated Damages
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Free lancer income
- Long Term Service award taxability in hands of company
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
