I am new to this cite and got so many positive points in this regard that this cite is especially for HR Buddies & really helpful. I also have one query related to Gratuity concept therefore want to get the correct resolution on Gratuity if it should be a part of CTC or not because I have seen so many MNC companies deducting gratuity on a monthly basis which I really think not a legal practice or at par with Payment of Gratuity Act, 1972 as it a kind of benefit which the company provides to their employees after 5 years of their contributory services to that organisation or post retirement, permanent disablement due to an accident & therefore I believe there is no point in deducting it from employee's salary monthly.
Kindly resolve this query by giving your valuable inputs on same.
Kindly resolve this query by giving your valuable inputs on same.