Gratuity

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2016 Can Gratuity be a part of CTC ? Pls clarify
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 May 2016 Yes gratuity will be part of CTC. In case of gratuity is funded, yearly contribution based on actuarial valuation is done.
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Querist : Anonymous

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Querist : Anonymous (Querist)
25 May 2016 what does it mean if it is funded,yearly contribution based on actuarial valution is done.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 May 2016 For non funding also cost is charged yearly to P & L by way of provision based on actuarial valuation As it is costing in both the ways it is part of CTC.
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