Payment of gratuity act
This query is : Resolved
arjun singh mehra
(Querist)
01 July 2015
what is the formula for payment of gratuity in case of seasonal establishments.
please give the proper formula and don't write just @7 days wages becoz it is not clear that whether to divide the whole by 26 or 13 or nothing.
CA. Sunil Gokhale
(Expert)
01 July 2015
Find 7 days wages as follows:
(1) If he is a daily wage worker: daily wages x 7 days.
(2) If he is paid monthly then: monthly wages x 7/26.
(1) If he is a daily wage worker: daily wages x 7 days.
(2) If he is paid monthly then: monthly wages x 7/26.
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