GST Plus - Get Daily updates,support, whatsapp Group & reply to GST Notices etc.!! Call : 011-411-70713 !!


Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Mukesh Rahangdale (EMPLOYEE)     04 December 2020

Gratuity calculation

in Gratuity calculation why we put 15/26.
please clarify.

 3 Replies


ATUL Y   04 December 2020

Gratuity is dependent upon the total number of years served in the company and the last drawn salary.

If A is (number of years of service in a company) + B is (last drawn salary) {Basic Salary+ Dearness Allowance}

Then, Gratuity = A*B*15/26 ; 15 being wages for 15 days and 26 being the days of the month.
1 Like

JATINDER KUMAR (Accountant)     06 December 2020

Good explanation
1 Like

ATUL Y   06 December 2020

Thank you
2 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Threads

Start a New Discussion

Popular Discussion

view more »

Subscribe to the latest topics :
Search Forum:

Trending Tags