Yes, gratuity is usually included as a part of the CTC in the benefits section. This means it does not become a part of the gross salary but is in addition to other benefits such as medical insurance, PF, etc. It is usually calculated as 4.81% of the basic salary.
From India, Bengaluru
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3From India, Bengaluru
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Hi, if the employer opts for a Group Gratuity scheme with any insurance company (an insurance policy that helps employers save money to pay gratuity to employees when they leave the company), they can show the monthly/annual premium amount in the CTC of the employee.
From India, Madras
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From India, Madras
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Employee Benefits.doc
SBT Vs Asst. Labour Commissioner- Gratuity dismissed employee-LTS.PD F