Dear All,
My gratuity is included in my CTC (a fix amount). Please let me know whether I will be eligible to recover my gratuity included in my CTC if I leave my company before 5 years.
Thanking you,
Vijay Kumar
Silvassa
From India, Silvassa
7My gratuity is included in my CTC (a fix amount). Please let me know whether I will be eligible to recover my gratuity included in my CTC if I leave my company before 5 years.
Thanking you,
Vijay Kumar
Silvassa
From India, Silvassa
No, you can’t even though it is part of your CTC if you leave before completing 5 yrs.
From India, Lucknow
From India, Lucknow
No, employer include Gratuity in CTC as he consider u will be working with him long period. His assumption is right as his end. So Dont do anything. You cant recover it or also u cannot challange it.
From India, Pune
From India, Pune
If it is part of CTC and the employee leave before completing 5 yrs, the accrued gratuty amount will be deposited to statutory authorities by the employer since it is a statutory payment. the employee can not claim this amount.
From India, Lucknow
From India, Lucknow
Gratuity is even deducted from ur CTC but u can recover it only after when u give continous service of 240 dys for 4 yrs +10mnths+18dys(act ammended) or more.........if u leave an org. b4 this period company is not liable to remunerate u wid gratuity,,,,,,,,,
Thanks n Regards
Shubhi Singhai
From India, Pune
Thanks n Regards
Shubhi Singhai
From India, Pune
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Payment of Gratuity Act, 1972 & The Rules.ppt
THE PAYMENT OF GRATUITY ACT 1972.doc