The payment of gratuity act,1972 or amendment 2010

The Payment of Gratuity (Amendment) Act, 2009 & The Payment of Gratuity (Amendment) Act,2010

Amendment in the definition of an employee - Applicable

Increase in the Gratuity amount payable to the employees limits upto 10 lacs. - Applicable

As per LIST OF INSTITUTE’S PUBLICATIONS RELEVANT FOR MAY, 2011 EXAMINATION

Hello Sir

plz help me...

the period of payment of gratuity is 30 days . aft this period how much rate of interest  charge as per sec 7...

may b as per charging in RBI rate !!!

Can any one help, if there is only theree component in the salary of employee like  Basic, Conveyence and HRA. How the Gratuity will be calculated,. Will it be only on the basic salry or the whole salary as there is no component like DA. Kindly help

Regards