Is The Gratuity Amount Deducted From Ctc - After Completion Of 5 Years?

Perfect and convincing answer, Koregaonkarji. The difference between salary and CTC
is to be understood.

Dear Kutty ji,
Thank you very much for your postings. I also was thinking to write appropriate reply. I did it in some other posts earlier. In many posts even I appealed the members to think before posting any thing. We are all HR professionals, we should keep it in mind before posting. Many people across the world read our postings. Just think what impression they carry with them about we HR Professionals. Some topics like gratuity, CTC, Bonus etc. are repeatedly discussed in this forum but still we are not able to understand it. If we don't understand, how we can convince our stake holders?
My intention is not to hurt any one but to educate them.

Thank you Koregaonkar ji. We expect such precise, convincing upto the point answers from you.
It is a good learning experience. It helps to update and learn. Let's share whatever knowledge we have.