Can an Employer deduct Gratuity & Dress Expenses from CTC of the Employee
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....an an Employer deduct Gratuity & Dress Expenses from CTC of the Employee<br> Query (Issue) Started By: - Anil Roy Dated:- 21-11-2011 Last Reply Date:- 1-12-2011 Accounting - Auditing<br>Got 1 Reply<br....
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....>Companies Law<br>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 Gross....
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....26475.00 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, Ani....
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....l Roy Reply By Deepak Nagori: The Reply: Yes Anil, Various companies do include Gratuity in the CTC of the employee as it reflects the provision made for gratuity to be paid to the employee, should....
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.... he retire/resign after 5 years of service. As far as dress is concerned, it does not seem appropriate to deduct it from salary as it is given for performance of official duties (if I am not mistaken)....
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..... Regards CA Deepak Nagori<br> Discussion Forum - Knowledge Sharing ....