Murata Machinery Bangladesh Ltd.
Gratuity Fund
As of March 31, 2019
SL | Employee ID | Name of the Employee | Designation | Joining Date | Reporting month as of | Basic salary as at | Length of Service | Payable to Entitled Employees | Remarks
March, 2019 | March, 2019 | Year | March, 2019
A | C | D | E | G | H | I | J | K | L
1 | Kh. Salahuddin Ahmed | General Manager | 1-May-17 | 3/31/19 | 99,000 | 1.92 | 189,750 | 1yrs10months31days
2 | Khandoker Zahidul Azad | Senior Officer | 1-May-17 | 3/31/19 | 60,300 | 1.92 | 115,575 | 1yrs10months31days
3 | Muhammad Rafiqul Islam | Asst. Manager | 1-May-17 | 3/31/19 | 69,360 | 1.92 | 132,940 | 1yrs10months31days
4 | Md. Sakhawat Hossain | Asst. Manager | 1-May-17 | 3/31/19 | 65,580 | 1.92 | 125,695 | 1yrs10months31days
5 | A.K.M. Ashikul Islam | Senior Engineer | 1-May-17 | 3/31/19 | 57,540 | 1.92 | 110,285 | 1yrs10months31days
6 | Md. Ahshan Kabir Khokan | Senior Engineer | 1-May-17 | 3/31/19 | 52,980 | 1.92 | 101,545 | 1yrs10months31days
7 | Md. Sahabuddin Shek | Store Keeper | 1-May-17 | 3/31/19 | 18,000 | 1.92 | 34,500 | 1yrs10months31days
8 | Md. Shamimuzzaman Sk | Asst. Engineer | 1-May-17 | 3/31/19 | 19,500 | 1.92 | 37,375 | 1yrs10months31days
9 | Umma Tonima | Admin Assistant | 1-May-17 | 3/31/19 | 19,500 | 1.92 | 37,375 | 1yrs10months31days
10 | Khadizatul Kobra | Admin Assistant | 1-May-17 | 3/31/19 | 19,500 | 1.92 | 37,375 | 1yrs10months31days
11 | Muhammad Mamun ar Rashid | Asst. Engineer | 1-May-18 | 3/31/19 | 18,000 | 0.92 | 16,500 | 0yrs10months31days
12 | Md. Niharul Islam | Asst. Engineer | 1-Jan-18 | 3/31/19 | 18,420 | 1.25 | 23,025 | 1yrs2months31days
13 | Polash | Office Assistant | 1-Aug-17 | 3/31/19 | 8,400 | 1.67 | 13,999 | 1yrs7months31days
14 | Md. Sahajalal Sordar | Office Driver | 1-Sep-17 | 3/31/19 | 11,400 | 1.58 | 18,050 | 1yrs6months31days
15 | S.M. Kafee Bipul | Asst. Manager | 1-Oct-17 | 3/31/19 | 58,800 | 1.50 | 88,200 | 1yrs5months31days
596,280 | 1,082,190
Opening Balance | -
Provision for March, 2019 | 1,082,190
As per section 2 (10) of Bangladesh Labor Laws:
Gratuity means wages payable on termination of service to a worker on the basis of his last basic salary which is for a completed year of service or for service of more than six months,
wages of minimum 30 days, or wages of 45 days for a continuous service more than ten years, it shall be in addition to any payment of compensation or payment of any wage or allowance in lieu of notice by the owner.
As per Rules 17 of Bangladesh Labor Rule, 2015:
Special security fund for the workers: (1) Each contracting firm should open an account with any scheduled bank in the name of ‘Workers’ Social Security Fund’ with the name of the firm within six months of the receipt of the license.
(2) The money equivalent to the original wage of one month as the compensation for working full one year against each worker appointed in the contracting firm or different firms or gratuity (if any) as per the section 2(10) should be deposited with the account which will be paid to the worker through cheque as the part of the compensation or Gratuity as per law in case of the termination.
(3) The government will issue necessary directions for opening and operating account in the scheduled bank.
As per THE FIRST SCHEDULE (PART C) of ITO 1984; Gratuity Fund can be approved. For more reference please go through the mentioned schedule.