"cost to the company" ...in context to your joining an employer and the amount he is gonna inculcate to take and retain you on board . this is measured as an annual expense. includes salary + perks+Pf + insurance + allowances etc etc .
2007-02-14 17:37:34
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answer #1
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answered by ritz 2
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Since some already answered the question with respect to economic terms, here's a different answer.
In tea-industry terms, CTC stand for Crushing, Tearing and Curling machines. It is a advanced machines which combines all the stages of tea-processing into 1. Earlier, tea used to be processed in 5 stages -- Withering, Rolling, Fermentation, Drying (or Firing) and Sorting. CTC machines r a lot more effective n efficient, but tea-tasters still hold that the tea produced by the traditional method was much better.
2007-02-15 01:41:06
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answer #2
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answered by AeroAndy 2
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Cost to company. it includes all the expenses incurred by the company for the specific employee. it includes Basic salary, all the allowances like HRA, transport, Food, etc and also Provident fund which is 12 % of the basic contributed by the company.
CTC is not the inhand salary you get every month because from CTC PF, professional Tax and income income tax is deducted every month. income is only deducted if your salary is higher than 100000 per annum.
2007-02-15 01:43:06
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answer #3
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answered by rahul jain 1
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Cost to Company
2007-02-15 05:50:42
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answer #4
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answered by Nitya 2
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Cost to the company.
It means that amount of salary + benefits in monetary terms as car allowance+ HRA + Any other kind of allowance consolidated and payable in a year.
2007-02-15 01:39:08
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answer #5
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answered by Rajesh Lalwani 3
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cost to company
2007-02-16 07:09:47
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answer #6
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answered by Anonymous
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CTC - CHENOY TRADE CENTER
BUT NOT CHENNAI TRADE CENTRE.
2007-02-17 07:40:25
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answer #7
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answered by Ray 2
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you are from..... where? .. you did not mentioned any thing u are from hyderabad ..... c t c means chennai trade center. it is an computer peripheral selling center
2007-02-15 01:38:47
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answer #8
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answered by శేఖర్ భట్టు 1
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one different answer but it is also right.
CTC - CHERAN TRANSPORT CORPORATION
it is in Coimbatore district of tamilnadu.
2007-02-16 04:17:10
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answer #9
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answered by curdrice2 3
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Cost to Company ..........
2007-02-15 01:37:01
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answer #10
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answered by Sudden 5
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