Answer / archana jaiswal

BASIC+D.A*15/26*NO.OF YEARS WORKING

Answer / sanjay kumar sen

In all the answers use of bracket () was not evident
properly.
Amount of Gratuity = (Basic + DA)*No. of Years Served*15/26

Enability - After 5 years of Service at a streach
for 5 years 1 month to 5 months, take 5 years
for 5 years 6 month to 11 months, take 6 years

Answer / manmath kumar ojha

((Basic+DA) of the last drawn salary/26)*No of years of
service if he/she has crossed 4.6years of continuos service.
ie B+DA/26*15*No of years

Answer / devadutta sutar

Formula
Basic*15/26*no of years

The employee who have more than 5 years working in the
working he is the eligible for the gratuity.The maximum
gratuity is rs.3,50,000.The last drawn 15 days salary in
every year.

Examle:
10000*15/26* 5 Approx.(No of year)=28846.15

Regards
Devadutta Sutar
Accounts Officer
Madhucon Project Limited
Native:
Charampa
Bhadrak
Orissa

Answer / varghese mathew

Last Salary drawn (Basic + DA)/26 X 15 X No. of years of
continuous service (Eligibility is min. 5 years), if served
for more than 5 years & 6 months will be counted as 6 years
and less than 6 months will not be counted.

Answer / rohit rana

No. of years= who has completed more than 240 days in a
respective years during service.

Means someone who has completed 10 years in a service but
only in 6 years who has attended more than 240 days.

So, Gratuity = Basic+D.A.(Suppose 5000)/26*15*No. of years
who has attended more than 240 days(6)

Gratuity=17307.69

Answer / revanasiddappa.s

Last drown Basic+DA/26*15 days*Number years service

This is the correct ans for this question; we can calculate
the gratuity using this formula

Answer / rs

pl tell me the grautity -my basic 12800 and da 6400 nos of
8years service

Answer / bhupendra singh yadav

Gratuity formula is:-
Last basic salary*15*No. of years of service/26

The employee who have more than 5 years working in the
organisation he is the eligible for the gratuity.The maximum
gratuity is Rs. 3,50,000.The last drawn 15 days salary in
every year.

For Examle:-Last basic salary=10000, No. of yrs of service=30

10000*15*30/26=1,73,076.92

Answer / jagan

15 days salay(Basic pay + DA)/ 26*15* no of yeary

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