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Gratuity nomination Form: What You Should Know

This form will be completed in advance of retirement of the employee, and the payment will become effective on receipt by the employer or the employee. As of now, I have taken for the purpose this time, but we should get this done before end of December and send out the confirmation to all our workers, so if any need your help, do give us your suggestion.

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Video instructions and help with filling out and completing Gratuity Nomination Form

Instructions and Help about Gratuity Nomination Form

Hi buddy, welcome to Raj taking. This video is about how we calculate your graduate amount. As you are no longer an employee, you can be eligible for gratuity if you have completed five years of service or above. Now, let's see how to calculate the gratuity amount. To initiate the process, you need to submit a form called "Gravity Fall." I will provide the download link for this form in the video description below. Once downloaded, let's see how to fill out the form. Firstly, mention your company name and address. Then, specify the last date you worked for the company. Moving on, in the first field, provide your complete name, and in the second field, mention your address. In the third field, state the department you worked in (e.g., finance, marketing, production). In the fourth field, provide your employee ID. In the fifth field, mention the date of your appointment at the company. In the sixth field, mention the date of your last working day, which should match the date mentioned earlier. Now, proceed to mention the reason for termination. For example, if you resigned, mention "resignation." If you were laid off, mention "termination." In the seventh field, provide the total period of your service. You can calculate this by subtracting the joining date from the last work date. For example, in this case, the total would be five years (joining date: June 2013, last work date: May 2019). Moving on, in the eighth field, mention the amount of your last drawn basic salary. If you have any additional components, such as NS/11, mention those as well. Please ignore the ninth field, as it will be filled by the umpire. Finally, sign the form and mention the date and place of submission. After completing the form, also attach a bank canceled check and a passbook copy....