High gratuity deduction

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Service
1 Points Posted on 17 July 2021

Can an employer deduct 8.33% of annual basic salary as deduction towards Gratuity? Isn't 4.81% a fixed rate of deduction towards gratuity?

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On 17 July 2021 at 22:10 Report
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This discussion addresses a query regarding employer gratuity deductions. The user questioned whether an employer can deduct 8.33% of annual basic salary, believing the fixed rate to be 4.81%. Another participant clarified that there is no fixed 4.81% deduction for gratuity.

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STUDENT
1631 Points Posted on 17 July 2021
Don't understand your query
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On 17 July 2021 at 23:46
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Chartered Accountant
24588 Points Posted on 18 July 2021
No you're not right, there is no such 4.81% deduction for gratuity is given
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On 18 July 2021 at 05:50

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