Question:

My basic salary Rs.3300/- 19 years service. Pls calculate my gratuity?

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My basic salary Rs.3300/- 19 years service. Pls calculate my gratuity?

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  1. Gratuity is payable for 15 days salary for each completed year of service.Calculation is as under:

    (Basic Pay*19*15)/26

    The figure comes to 36173

    Basis of 26 is 30 days in a month minus 4 holidays


  2. (3300 /26  X 15)  x19 = Rs.36173

  3. You will get one basic salary for every year so your gratuity will be 3300 x 19  IRS62,700/- In case if your company provides 21 Days salary then You will get  (3300/30) x 21 x 19year i.e. 43,890.00

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