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Hiee...
I am ramya.. Hope this wil be useful to u!!!!
CTC Total of all prerequisite and fringe benefits which an employee gets from the company including salary. It is the sum of Gross Salary, Bonus, Prerequisites and other benefits. Gross Salary includes basic pay and allowances like cell phone, travel and entertainment.. Overall gross salary is a part of CTC...
From India, Hyderabad
I am ramya.. Hope this wil be useful to u!!!!
CTC Total of all prerequisite and fringe benefits which an employee gets from the company including salary. It is the sum of Gross Salary, Bonus, Prerequisites and other benefits. Gross Salary includes basic pay and allowances like cell phone, travel and entertainment.. Overall gross salary is a part of CTC...
From India, Hyderabad
an addition to ramyasravanthi’s answer..... Gross salary includes non changeable components while CTC includes changeable as well as non changeable components.
From United Arab Emirates, Dubai
From United Arab Emirates, Dubai
Dear Lokesh,
As per my knowledge Gross Salary is the amount before deduction and it includes: Take home salary + employee's share of PF and ESI contribution (as applicable).
While CTC is a total cost which an organization spend on an employee, so here in Gross salary we have to add organization share of PF, ESI and bonus + other allownces like LTA/Med etc.
Somebody correct if this is not OK
Thank You.
From India, Karnal
As per my knowledge Gross Salary is the amount before deduction and it includes: Take home salary + employee's share of PF and ESI contribution (as applicable).
While CTC is a total cost which an organization spend on an employee, so here in Gross salary we have to add organization share of PF, ESI and bonus + other allownces like LTA/Med etc.
Somebody correct if this is not OK
Thank You.
From India, Karnal
Hi, I what to know the formula of Increment how it is made increment are made in percentage but it is in gross, net of ctc
From India, Mumbai
From India, Mumbai
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GROSS SALARY&CTC FOR 15500.xls