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Hai Friends,
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.
Regards,
RameshKumar S
Egston Electronics, Trichy, Tamilnadu, India.
9843110477
From India, Madurai
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.
Regards,
RameshKumar S
Egston Electronics, Trichy, Tamilnadu, India.
9843110477
From India, Madurai
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#Listed In: ctc calculation salary sheet payroll and statutory compliance City-India-Surat Country-India
Gratuity-Leave calculation on CTC-Rev..xls
