Help me out - whether I am eligible to get Gratuity?

[kanwaljeet08]

Could anybody help me out - whether I am eligible to get Gratuity?

Date of Joining : 01.12.2003
Date of Resignation : 31.02.2009

Last drawn Salary is : Rs.10000.00

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[KapilPrateek]

Please tell us about your salary bifurcation (Basic and DA) to calculate gratuity. Or calculate yourself with the help of below formula -

Eligible Gratuity Amount :

(Basic + DA) X 15 days salary per year X No.of years completed
----------------------------------------------------------------
26

[kanwaljeet08]

Thanks for your quick reply. For your information, my Salary Details are -

Basic Rs.5000.00,
DA is Rs.2500.00,
HRA is Rs.1500.00,
CA is Rs.1000.00

[PolicyWala]

No.of years Eligible for Gratuity :

DOR : 31.02.2009
DOJ : 01.12.2003

30 days, 02 months, and 5 Years : ie. 5 Years

Eligible Gratuity Amount : Basic+DA x 15days wages per year x No.of years Completed / 26

(5000+2500) x 15 x 5
___________________
26


(7500) x 75
__________
26


= 21634.62

Note - If you completes 5 years 6 months means you take no of years completed as 6 years.

[CONFUSED]

Few Fundamentals whilst Paying Gratuity:
1. Employee has to Complete 5 Years of Continous Service
2. Employee should have worked for min. 240 Days in Every Year(Excluding Holidays, but inclusive of Leave)
3. At the time of leaving the no.of Years should be rounded of to the nearset number, Ex: 5 years 6 defines that She/He has completed 5.5 Years hence, to be Rounded of to 6 Years. Likewise 5 Years 5 Months defines 5.45 Years hence, to be rounded of to 5 Years.
4. Basic is defined to be as Last Drawn Basic which includes Spl. Allowance+Dearness Allowance (if any).