Gratuity
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 October 2010
is Gratuity part of Employee's CTC? Pls. explain
30 October 2010
DEAR ANONYMOUS,
IN MY OPINION, MOST OF THE ORGANIZATION ARE NOT CONSIDERING THE GRATUITY AMOUNT IN THE CTC. HOWEVER IT SHOULD NOT BE CONSIDERED AS A PART OF THE CTC BECAUSE OF TIME PERIOD OF 5 YRS. IT IS VERY DIFFICULT FOR AN ORGN TO RETAIN QUALITY TALENT PEOPLE IN THE ORGN FOR 5 YRS.
IN MY OPINION, MOST OF THE ORGANIZATION ARE NOT CONSIDERING THE GRATUITY AMOUNT IN THE CTC. HOWEVER IT SHOULD NOT BE CONSIDERED AS A PART OF THE CTC BECAUSE OF TIME PERIOD OF 5 YRS. IT IS VERY DIFFICULT FOR AN ORGN TO RETAIN QUALITY TALENT PEOPLE IN THE ORGN FOR 5 YRS.
30 October 2010
agree with ramesh
30 October 2010
Hi
Please also go to the following link:
http://www.citehr.com/126561-gratuity-part-ctc-despite-not-being-applicable.html
Please also go to the following link:
http://www.citehr.com/126561-gratuity-part-ctc-despite-not-being-applicable.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Sale of property furniture sale
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
