Dear All.
I have a basic quary regarding Salary of a Employee. The case is 'our employer prop[osed to pay salary as follows':
Basic 10589.00
HRA 7943.00
Conveyance 7943.00
Gross26475.00
Leave Pay 1470.00
Bonus 700.00
Dress60.00
Gratuity 463.00
Total CTC 29168.00
My quastion is 'can our employer deduct Gratuity & Dress from our CTC or not, please confirm.
Regards,
Anil Roy
Employer's Right to Deduct Gratuity and Dress Allowance from CTC Depends on Employment Terms An individual inquired whether an employer can deduct gratuity and dress allowance from an employee's Cost to Company (CTC). The proposed salary breakdown includes basic pay, HRA, conveyance, and other components, totaling a CTC of 29,168. The response from a Chartered Accountant indicated that such deductions depend on the terms of employment. (AI Summary)