Gratuity & PF calculation & New Changes in rule ?

Answer Posted / gaurab kar

Gratuity=15/26*last salary drawn*Number of year worked.
Employee who worked less than 5 year are not eligible for it.

PF=12% from employee contribution(on basic) &
13.61 % on employer contribution (on basic)

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

details about managerial effectiveness

1703


How to generate combined challan of pf?

1440


Recruitment is positive process while selection is negative process why?

2035


What are the components of an effective merit pay plan?

2164


What is the Educational & Subject Expert Knowledge Background of an Employee Conducting an Shortlisting / Interview from a Consulting Recruitment firm / Agency ? (Forget the Exceptions)? Corporate has to Think on it ?

1604






What can you do for the growth of BHEL?

1958


1. What are your significant functional achievements in the present company? How did they contribute to the total process

4933


What control mechanisms might be most appropriate to ensure that action plans match targeted needs?

1520


What is the best way to develop pay systems that are understandable, workable, and acceptable to employees at all levels?

10353


in which five areas under the health and safety Act 1974 does an employer have a " duty of care" to employees? which aspect of law governing health and safety is influenced by european legislation?

1594


‘Why will we hire you among the 10 other candidates for the Sales role?

1593


What are the key isssues that should be addressed in the design, conduct, and evaluation of training programs?

1561


what is hr planning?

5687


How long would it take you to make a meaningful contribution to this organization

2354


can some one be a technical recruiter in usa with dependent visa and no work permit having mba degree from india.please need answer urgently

1646