Gratuity can be settled in form of cash, cheque, transfer to the account, or demand draft. 2) Does a company consider gratuity in CTC? Some companies make it as part of CTC and some do not mention it as part of CTC. 3) Can an employer pay gratuity more than what is prescribed? An...
But employer sees Gratuity as a liability. So most of the employers include Gratuity in CTC because they believe Cost to the Company (CTC) is cash out go today + cash outgo in the future, which means, Basic + perquisites + Company’s contribution to your PF + today’s valuation of the...
It depends on company policy to include Gratuity in CTC or not. Most companies I know include Gratuity Payment in CTC. If FI wants you may post Gratuity . Hope this Helps. Param You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register ...
In case you have posted wrongly about deduction from salary but IT is CTC then you may resolve by applying your own skills ; persuasion, persistence, negotiations, reasoning… (FIN)30 May 2018 You may come across threads in which employees posted that they succeeded by their own skills. You ...