What Is My Gratuity Amount?

ckapoor40@yahoo.com
Sir
My Basic pay 17570
Service Time 18years 9month
I want to know what is my gratuity amount
Regards
Chandan Kapoor
Sumit Nautiyal
Gratuity = Last Drawn salary(Basic) *15/26* no. of year service
abbasiti
Dear Mr.Chandan Kapoor,
If salary is Rs.17570, your gratuity will be 17570x19x15/26 = Rs.1,92,594/-
Abbas.P.S
Shyam Agrawal
Dear concerned readers,
For computation of one's gratuity, dearness allowance eligible or drawn on the date of termination of service is also to be considered in addition to basic pay.
ckapoor40@yahoo.com
Sir
My basic pay 17570
Date of joining 1st July 1996
Date of Living 31st March 2014
How much my Gratuity Amount?
Company Gave me cheque Rs 158130
Pls advise me
What I do?
Regards
Chandan Kapoor
gaurir
They have paid you for 15.6 year , which his wrong. Please ask them how they have calculated and tell them it is calculates as mentioned by Abbas. Ask for extra money.
Arunjain.ncl
Mr.Kapoor, I differ a bit and would like to add to the answer. You have mentioned that your basic pay is Rs.17570/-. There is a component of VDA or DA (Dearness allowance) in pay. In other way, the emoluments which constitute your salary shall be reckoned for the purpose of calculation of your gratuity. so the gratuity will be = last drawn salary or pay (Only Basic+DA)/26 * 19 * 15. However, if there is no such component in addition to Basic pay, the calculation shown by Mr. Sumit & Mr. Abbas is correct.
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