Hi All,
Greetings for the Day....
I have explained that what's the differences between Gross salary and CTC ?
- CTC is the amount which is the total cost of an employee to the company. But Gross salary is the earning of an employee. Gross salary is not the Take home salary or Netpay. Only we get the Net pay after mandatory deductions(PF,PT,IT,ESI etc) from the Gross salary. So we can say mandatory deductions are included in CTC as well as Gross salary. Above mentioned CTC is the total cost of an employee to the company and Gross salary is the earning of an employee which is not take home salary.
Warm Regards
Manirul Islam, Delhi
919958513778
From India, Delhi
Greetings for the Day....
I have explained that what's the differences between Gross salary and CTC ?
- CTC is the amount which is the total cost of an employee to the company. But Gross salary is the earning of an employee. Gross salary is not the Take home salary or Netpay. Only we get the Net pay after mandatory deductions(PF,PT,IT,ESI etc) from the Gross salary. So we can say mandatory deductions are included in CTC as well as Gross salary. Above mentioned CTC is the total cost of an employee to the company and Gross salary is the earning of an employee which is not take home salary.
Warm Regards
Manirul Islam, Delhi
919958513778
From India, Delhi
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