Saturday, June 09, 2012

GRATUITY CALCULATIONS For UAE & India

GRATUITY CALCULATIONS

Gratuity Calculation in UAE.

In 1<= year <3,
Gratuity =   [ Basic Salary x 7 days x No. of years of service ] / 30
In 3<= year <5,
Gratuity =   [ Basic Salary x 14 days x No. of years of service ] / 30
In year> =5,
Gratuity  =  [ Basic Salary x 21 days x No. of years of service ] / 30 


Gratuity Calculation in India.


Gratuity  = [ (Basic Pay + D.A) x 15 days x No. of years of service ] / 26
*D.A = Dearness Allowance