What is the formula for the calculation of Gratuity?
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Answer / r. k. kohli
(Basic + DA)* No. of Years of Service / 1.73
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shafiq shera
BASIC PAY WITH GRADE PAY + CURRENT DA AT THE TIME OF
RETIREMENT x 50% OF QUALIFYING SERVICE.(MAXIMUM 16.5 YEARS)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / mousam
basic+DA (last Drawn salary)/26*no. of yrs*15 days
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naveed abdullah
hahahaha....... Dr Motha Prasada Rao You just catch your
ear with other hand. 15/26=0.5770
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / brijesh kumar
Last Basic*15/26*No of Years
Ex:- 10000*15/26*5 = 28846.15
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nitin bhalchandra kulkarni
LAst Drawn Salary Basic / 2 is equal to one year Gratuity
One year Gratuity X Number of service
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / s
Simply say which is memorable forever is
Divide (basic+DA) by 1.7 and multiply by number of years
worked
| Is This Answer Correct ? | 21 Yes | 24 No |
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