But some firms include it in the ctc, while many do not.
Suppose it is included in the ctc, and say company is witholding 3000 Rs. /month from my take home, then if I leave after 5 years, I will get the entire accumulated money, I understand that
But Suppose gratuity is included in the ctc, and say company is witholding 3000 Rs. /month from my take home, then if I leave after 3 years i.e before 5 years, in this circumstance, can I be eligible to claim the entire accumulated Gratuity which has accumulated for 3 years as ex-gratia.
but what about EX-GRATIA payment...if company doesnt withold gratuity from CTC and employee leaves within 5years, ok no payment nothing lost, nothing gained
but I read somewhere that in cases where "company is deducting money from CTC" to add to the "gratuity pot".........such companies must pay the accumulated money out when the employee quits before 5 years. is this true