TCS Clarifies Gratuity Exclusion, Assures No Pay Reduction

TCS clarifies gratuity exclusion, says employees will see no reduction in pay

TCS employees are reacting to appraisal letters, with some reporting lower take-home salaries due to changes in compensation structure and the exclusion of gratuity from CTC. The IT giant denies any reduction in gross or net pay, stating the revised framework aligns with new labour codes and aims to protect employee earnings while enhancing tax efficiency.

By SHILPA PHADNIS AND VEENA MANI