Gratuity calculation

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..... Dear Sir, We (Technopak Advisors Pvt. Ltd.) have a gratuity trust. Please advise us what will be gratuity calculation:- 1) Basic*26/15*numbers of year or 2) 10 month average salary Please advi .....

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..... se me what will be right calculation with example. Thanks Narendra 9910365950 - Reply By GOPALJI AGRAWAL - The Reply = It is not only basic only but the wages as defined under The Gratuity Act .....

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..... . The formula would be last drawn wages/26x15 days (For every completed year of service or part thereof in excess of six months) or Rs. 10 lac. This is minimum one. Employer may offer better terms. - .....

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..... Gratuity calculation - Query Started By: - udit gupta Dated:- 16-9-2010 Other Topics - Got 1 Reply - Indian Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Ta .....

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..... x Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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