Hey I am on Medial • 12m
Since CTC doesn't have any legal defination anything can be added in it. Which is what makes CTC scam. While Gross salary is totally legal term and so things added in it can be justified and be utilised by employee. Knowing gross/in hand or net salary is wise choice.
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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
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