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
The Institute of Chartered Accountants of India • 19d
I will cover this in next post its called employees retained cost.
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