Now a days all companies are adding Gratuity in the part of CTC.
At the same time that will not pay monthly. We will pay after completion of 5 years only.
For the CTC calculation purpose. Formula in monthly salary sheet.
Gratuity is calculated as 4.81% of your basic pay.
So, let's assume your basic pay is Rs.10,000 pm, then Rs. 481 will be contributed per month to your gratuity fund.
Egston Electronics, Trichy, Tamilnadu, India.
12th April 2019 From India, Madurai