Dear Sangani,
With reference to your query, please refer Sec 4 under Payment of Gratuity Act - 1972 Rules.It means an employee who has completed 5 years continuous service, then only he is eligible for gratuity @ 15 days wages for every completed year of service or part there of in excess of six months service. Continuous service means an employee who worked more than 240 working days in a calendar year.If you want clear clarification about continuous service please go through the contents under 25 B of ID Act under chapter VA or refer sec 79 & 80 for leave with holidays under Factories Act -1948 and also Sec 4 b of Gratuity Act.
Regards
P.V.Rama Rao
9666051720.
With reference to your query, please refer Sec 4 under Payment of Gratuity Act - 1972 Rules.It means an employee who has completed 5 years continuous service, then only he is eligible for gratuity @ 15 days wages for every completed year of service or part there of in excess of six months service. Continuous service means an employee who worked more than 240 working days in a calendar year.If you want clear clarification about continuous service please go through the contents under 25 B of ID Act under chapter VA or refer sec 79 & 80 for leave with holidays under Factories Act -1948 and also Sec 4 b of Gratuity Act.
Regards
P.V.Rama Rao
9666051720.