CCI Online Learning
What do you want to learn today?
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Gratuity calculation


venkatesh (Tax Consultant)     26 September 2013

venkatesh
Tax Consultant 
 3 likes  80 points

| My Other Post

My HR people had mentioned that the Salary for the calculation of Gratuity is Rs.9823.

Completed years of service is 8 years.

Amount of Gratuity is Rs.51004.

Can u explain me how the calculation was made? 

jakson (Accountant)     23 January 2014

jakson
Accountant 
 41 points

View Profile | My Other Post

Generally a gratuity calculation India is calculated by the employee's basic salary and the years of working experience. With the help of this link, you can calculate any gratuity- https://easycalculation.com/finance/gratuity-calculation-india.php.  

 

 

Thank you.

911lawsuitloans

 

avater

VIGNESH (Manager Finance &Accounts)     11 February 2014

VIGNESH
Manager Finance &Accounts 
 18 likes  327 points

View Profile | My Other Post

The calculation seems to be right

 

9823*15/26*9

There is a chance that you have worked for 6 months or more during the 8th year, Hence the same has been rounded off to 9

Vignesh Ashok Kumar


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  


Related Threads


Loading

Popular Discussion


view more »



Trending Tags
llp
ca rankholder interview
shares stock
cbdt
audit
students
csr
unified portal
cag
epf
Info Technology
companies act 2013
gstr 3b
tin nsdl
income tax
VAT
newgstreturn
traces
epfo
accounts
gstr 9
Union Budget
exams

GST Live Class    |    x