The annual salary is shown as 9 lakh Ctc whereas the actual
Salary gross salary of a month is 60k something. I don’t understand why this is different. It doesn’t add up. The salary slip shows the net salary as 61k. Could one of u explain this to me?
Let me ask you a question
when did you become aware that CTC is just an illusion? - there is no legal definition of CTC and companies can add whatever they want in it. And the only thing that matter to you is the gross salary.
3 replies4 likes
Aman meshram
Finding business gap... • 11m
People says CTC is scam and gross is real... Register your point of view.
7 replies9 likes
Tarun Suthar
•
The Institute of Chartered Accountants of India • 1m
How to Calculate Employee Cost to Company (CTC) & Understand In-Hand Salary. 🤔
1️⃣ Cost to Company (CTC):
CTC represents the total amount a company spends on an employee annually. It includes:
+ Basic Salary
+ Dearness Allowance (DA)
+ House Rent
CTC stands for Cost-to-Company, and it's a human resources metric that represents the total amount of money a company spends on an employee in a year.
This includes the employee's salary, benefits, taxes, and other costs.
CTC is different from an
What do you think about the offer ?
*Company - Razorpay
1.Postion - Fresher Product development engineer
2.Salary - 25K during internship + 6LPA CTC
3.Location - Banglore,India
4 replies10 likes
Mahendra Lochhab
Content creator • 5m
Jagdeep Singh is the world's highest paid employee, earning ₹48 crore/day on an annual salary of ₹17,500 crore!
He is the founder and former CEO of EV battery company QuantumScape.
