What is the formula for the calculation of Gratuity?

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Question Posted / bgignatius

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What is the formula for the calculation of Gratuity?..

Answer / r. k. kohli

(Basic + DA)* No. of Years of Service / 1.73

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What is the formula for the calculation of Gratuity?..

Answer / mahesh choudhary

Basic*15/26 *total working year

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0 Yes

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What is the formula for the calculation of Gratuity?..

Answer / shafiq shera

BASIC PAY WITH GRADE PAY + CURRENT DA AT THE TIME OF
RETIREMENT x 50% OF QUALIFYING SERVICE.(MAXIMUM 16.5 YEARS)

Is This Answer Correct ?

1 Yes

1 No

What is the formula for the calculation of Gratuity?..

Answer / mousam

basic+DA (last Drawn salary)/26*no. of yrs*15 days

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What is the formula for the calculation of Gratuity?..

Answer / sugumar

why that mulitipe of 15 is coming here ?

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What is the formula for the calculation of Gratuity?..

Answer / naveed abdullah

hahahaha....... Dr Motha Prasada Rao You just catch your
ear with other hand. 15/26=0.5770

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0 Yes

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What is the formula for the calculation of Gratuity?..

Answer / brijesh kumar

Last Basic*15/26*No of Years

Ex:- 10000*15/26*5 = 28846.15

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What is the formula for the calculation of Gratuity?..

Answer / nitin bhalchandra kulkarni

LAst Drawn Salary Basic / 2 is equal to one year Gratuity

One year Gratuity X Number of service

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What is the formula for the calculation of Gratuity?..

Answer / catherine

Gratuity = ((Basic Pay + Dearness Allowance) x 15 days x Number of years of service) / 26

Source : https://www.easycalculation.com/finance/gratuity-calculation-india.php

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What is the formula for the calculation of Gratuity?..

Answer / s

Simply say which is memorable forever is

Divide (basic+DA) by 1.7 and multiply by number of years
worked

Is This Answer Correct ?

21 Yes

24 No

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