banner_ad

Gratuity salary computation

267 views 3 replies
those notcovered under pg act what all items included in salary computation basic pay DA commission. If bonus given will it be included?
Replies (3)
No bonus cannot be included in calculation of gratuity
In computation of amount of gratuity under sec10(10)iii, least of following shall be exempt
1.prescribed limit -2000000
2.amount received as gratuity
3.1/2×average monthly salary×completed year of service
For this purpose salary means basic+DA(if form part of retirement)+fixed% of commission on turnover.
Bonus is not part of salary for computation of gratuity


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details