2007-01-31 02:11:04 · 3 answers · asked by MD J 1 in Business & Finance ➔ Careers & Employment
CTC is cost to company. (this is not what you get at the end of the month!). CTC includes salary + other benefits that the company may give an employee like emplyee share of PF, insurance cover, etc.
2007-01-31 02:19:17 · answer #1 · answered by Ganesh 2 · 0⤊ 0⤋
CTC stands for Cost to the Company..... CTC is somewhat misleading as it doesn'r reflect the actual take home salary an employee gets. CTC includes the take home salary ( informal term for sum of basic salary, House rent allowance, travel allowance etc.) and provident fund contribution, medical allowance, travel allowance, dearness allowance etc.
the manner of calculation of take home salary from the CTC differs from one firm to another.
2007-01-31 02:21:55 · answer #2 · answered by Shashank 2 · 0⤊ 0⤋
That one gets at the end of a month!
2007-01-31 02:16:51 · answer #3 · answered by Sami V 7 · 0⤊ 0⤋