Gratuity payment criteria
This query is : Resolved
18 July 2025
Is gratuity to an employee payable if he has worked for 4 years 9 months? Or is it payable only post completion of 5 years?
19 July 2025
Generally, an employee needs to complete five years of continuous service to be eligible for gratuity. However, there are exceptions, such as in cases of death or disability, where gratuity is payable even if the employee hasn't completed five years. If an employee has completed 4 years and 240 days of service, it is considered equivalent to 5 years for gratuity eligibility.
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- TDS AND ITR ISSUE
- Journal entry of busniess expenses
- LIC maturity claim whether taxable
- ITR 4 and Bank transactions
- EMI ISSUE IN HOUSING LOAN OLD REGIME
- Bank details not Visible on Traces Portal
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
