Entitlement for Gratuity arises on completion fro five years continuous service in an organization. So you are not entitled for gratuity.
From India, Pune
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3180From India, Pune
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That apart, so far we have discussed with respect to the Payment of Gratuity Act. What is the scenario in respect of establishments to which the Gratuity Act is not applicable, and their employees are under the Cost-to-Company (CTC) regime, which includes gratuity as a component? One may say it should be governed by what is stated in their applicable Gratuity Scheme. There also could be a clause stating that gratuity is payable for more than 5 years of service.
From India, Bangalore
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From India, Bangalore
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Yes, gratuity should be a component of the Total Cost to Company (TCTC) in my view. CTC stands for Cost to Company, which means the cost of the company for that employee, including employee payment and employer expenses.
Thanks & regards,
Sumit Kumar Saxena
From India, Ghaziabad
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Thanks & regards,
Sumit Kumar Saxena
From India, Ghaziabad
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