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Gratuity Calculation query

G. Parameshwar Rao (Accounts officer) (42 Points)

28 October 2021  
Dear Experts,

can you please clarify the below Gratuity calculation is applicable in case of death of private employee.

less than 1yr 2 times of emoluments
greater than 1yr and less than 5yr 6 times of emoluments
Greater than 5yrs less than 10yr 12 times of emoluments

Greater than 10yr Half of the emoluments for every completed yrs of service.

Also is it applicable to all the employees irrespective of Date of service joining

 1 Replies

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)   (2905 Points)
Replied 28 October 2021

Gratuity = Number of years * Last drawn salary of 15 days= Number of years * 15/26*monthly salary

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