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Gratuity calculation in CTC: How is gratuity calculated as a portion of employee's CTC in offer letter; Check formula
Employers usually include gratuity and the employer's contribution to the Employees' Provident Fund (EPF) in the CTC (cost to company) stated in your offer letter when you join a new organisation.
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Gratuity Calculation: What will be your gratuity for Rs 45,000 last-drawn salary after 6 years 8 months of service?
Gratuity is an important financial security provided to employees as a reward for their long-term service. It is regulated under the Payment of Gratuity Act, 1972. If you have a last-drawn salary ...
Organizations should do a comprehensive review across HR, finance, payroll and legal functions. (AI image) New Labour Codes explained: After rolling out our new labour codes in last November 2025, the ...
One major change under the new labour codes is the eligibility criteria for gratuity. (AI image) New labour codes 2025, gratuity rules explained: The new labour codes, effective November 21, 2025, ...
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