Provision for gratuity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 May 2015
In our company an employee got transferred from our overseas company to an Indian company, both under same management/group. Employee is eligible for gratuity as he was working with same management company overseas.
He served 4 1/2 years overseas and is about to complete 5th year.He was not paid in his full and final settlement any amount on account of gratuity while transferred from overseas company. Though he was entitled for it as per local law.
Now the query is, on which salary the provision is to be mad i.e. last salary drawn overseas or the salary currently being paid in India.
As per employee, he will be at loss if his overseas salary is not considered for gratuity calculation.
Pl. advice.
Thanks
He served 4 1/2 years overseas and is about to complete 5th year.He was not paid in his full and final settlement any amount on account of gratuity while transferred from overseas company. Though he was entitled for it as per local law.
Now the query is, on which salary the provision is to be mad i.e. last salary drawn overseas or the salary currently being paid in India.
As per employee, he will be at loss if his overseas salary is not considered for gratuity calculation.
Pl. advice.
Thanks
Rupesh Jain
(Expert)
26 May 2015
SALARY ON THE DATE OF PROVISION WILL TAKE BY YOU.
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
- EPF ECR NEW FILE SEP 17TH 2026
- Depreciation Chart Companies Act
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- GST on Renting godown to KFCSC for Storage of Raagi
- Under marginal scheme
- Import of Software Service.
- Capitalgain tax purposes for valuation report compulsory
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
