Gratuity – Calculation, Ceiling, Qualifying Service and Rates
Retirement and Service Gratuity – Calculation, Ceiling, Qualifying Service and Rates
What is Gratuity?
7th Pay Commission Gratuity
What is Gratuity in Central Government Services?
Calculation of Gratuity = [ (Basic Pay + Dearness Allowance) x 15 days x Number of Years of Service ] / 26 Days.
Why calculating taken 26 Days instead of 31?
What is the ceiling of Gratuity?
|Less than one year||2 times of basic pay|
|One year or more but less than 5 years||6 times of basic pay|
|5 years or more but less than 11 years||12 times of basic pay|