Employers usually include gratuity and the employer's contribution to the Employees' Provident Fund (EPF) in the CTC (cost to ...
Gratuity is a monetary gift from an employer to an employee especially for services rendered. The Employment Act provides for its definition and also for instances when it should be given.
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Gratuity payment: Quitting your job before 5 years? You can still get gratuity; know howMany individuals have gratuity as part of their CTC (cost to company). According to the Payment of Gratuity Rules, 1972, an employee is entitled to receive a gratuity after completing a minimum of ...
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