Dear Friends,
1st of all i would like to wish--"HAPPY FRIENDSHIP DAY"---to all my dear friends.
an industry where i am working at present.
in that industry CTC system is there in which 8.33% bonus is calculated on basic & 4.81% gratuity also on the same.
that means from my salary i am getting bonus and gratuity and in case if i leave my job after 4yr. then i would not receive my gratuity amt.
so why this gratuity 4.81% is shown & deducted in the CTC.
regards
kamlesh
1st of all i would like to wish--"HAPPY FRIENDSHIP DAY"---to all my dear friends.
an industry where i am working at present.
in that industry CTC system is there in which 8.33% bonus is calculated on basic & 4.81% gratuity also on the same.
that means from my salary i am getting bonus and gratuity and in case if i leave my job after 4yr. then i would not receive my gratuity amt.
so why this gratuity 4.81% is shown & deducted in the CTC.
regards
kamlesh