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...
Generally Gratuity contribution is 4.81% of Basic and it is the part of CTC. We will not post gratuity to FI every month and gratuity will be paid after completion of 5 years of service or seperation and mintain that in IT0015 thruogh gratuity WT ...this WT will be posted to FI. Mo...
The probation period is included while calculating eligibility for gratuity. If you have worked for MNC and join the parent company as a permanent employee in foreign location, you will no longer be the employee of the company registered in India and hence if you have completed 5 years in Ind...