Difference between CTC and Gross Salary

swetasi228 · #21 10-10-2008, 04:23 PM

Quote:

Originally Posted by s_shalu

Dear Unus,

CTC is everything whatever the company spends on you like gross salary incentive like meal vouchers etc+phone bill payment+Travel Allowance+Employer’s share towards P.F, ESI. CTC is the Annual cost of the employee inclusive of all costs being incurred on employee
Gross Salary is what your employer has committed to pay you on monthly basis against your services for the said month

thnks shalini ....this question was big question mark in my mind...thanks for clearing it.sweta

swetasi228 · #22 10-10-2008, 04:25 PM

the topic stating difference between ctc and gross was goodsweta

Panchmani Vincent · #23 11-10-2008, 10:47 AM

What is the term of Special Allowance, when it can be paid and how it is derived from other allowances

shakil609 · #24 11-10-2008, 04:44 PM

Quote:

Originally Posted by unus_8

hi Guys

Can U Please Help In Answering Me What Is The Difference
Between Cost To Company And Gross Salary

Why Do We Calculate Ctc For New Recruits Or Ask Present Ctc For
Laterals Openings And Why Not Gross Salary?

Regards
Unus

Apart From The Gross Salay The Regular Employees May Be Eleigible For The Pf/lta/bonus And Other Benifits Is Called Ctc. These Are Not Include In Gross Salary.

Shakil Khan

swaminathasivakumar · #25 17-10-2008, 11:47 PM

Hi Bhavya,

Please find attachment of excel CTC workings.

Regards
Siva