I have one doubt related to Gratuity Payable. I need clarification if someone knows answer. Letís assume employee completes 5 yrs of service with company but when he completes 5 yrs of service if he is servicing notice period then in this case is he eligible for Gratuity
7th January 2011 From India ,
4 years and 240 working days are only mentioned and not that 240 days.
That means 4 years 9 months and 1 week service is minimum requirement for those organisation working weekly 6 days, i.e., weekly off must be excluded from that 240 days.
Hence whoever completed 4 years and 8 months are not eligible for Gratuity.
24th September 2011 From India, Kumbakonam