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Juz done some math, According to our old breakup we can see that only basic was considered for gratuity calculation
..but now, it looks like they are calculating gratuity on basic + flexi allowance( DA)..
Not a good practice!! However, might be useful for someone who is planning to stay for 5yrs or more..
Conversation Starter
Exactly. I just did this calculation. Not sure how they calculated HRA, usually is 50% of basic for metro city. For me HRA is higher than Basic
Seems in hand salary reduced? Is that ?
Shouldn’t basic become 50% now
Boss gradutity calculated on
total renumeration/2 * 4.81
Conversation Starter
By which rule they have doubled gratuity its fraud
Conversation Starter
What is total renumeration?
Conversation Starter
How HRA got calculated? Usually its 50% of basic for metro city. Bt now my HRA is higher than Basic