Dear friends,
CTC is Cost the Company incur on each employee right from the basic salary to bonus etc. Leave salary encashment is also the cost to the company. So each and every component of salary the company have to pay for the services of the employee directly or indirectly is expense to the company. Hence leave salary can be included in CTC.
Yogesh
CTC is Cost the Company incur on each employee right from the basic salary to bonus etc. Leave salary encashment is also the cost to the company. So each and every component of salary the company have to pay for the services of the employee directly or indirectly is expense to the company. Hence leave salary can be included in CTC.
Yogesh
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