What Is CTC? - Cost To Company

Dear All,
CTC means " all heads or components paying by the employers to employees direct or indirect monthly or annually" called annual CTC.
Regards,
Dileep

Lets take it simply.. Simply please explain..For eg consider d job for fresher in Software Devlopment is there n he is being asked to reply on 'wat's ur expected CTC/wat CTC do u expect'
Then how he is supposed to answer based on current IT salary enviornment..? He would not think in 1st place d 'x' Rs/month as a monthly salary including all other points(coz he wudnt be knoing company incentive schemes) So if he replies 10000 expecting it as a basic(main salary without other all additions eg Psa hra etc) then how company will relate this to CTC ? or eg If he answers 1.20(0r 1.20-2.20) / per anum by considering 10000(or onwards) as basic then how tat "1.20-2.20" is cosidered as;by a company?[/B]? What company will consider 1.20-2.20/anum as, will "1.20-2.20" b considered as including everything or how(becoz then basic would go to b lesser dan wat that employee had thought as a net take home salary ie 10000)?

Hello friends,
Suppose I am drawing gross salary of Rs.23500/- p.m. and due to proposed rise in ESI ceiling to Rs.25000/-, I will be covered in ESI and I shall have to pay 1.75% my contribution and my employers' liability to my ESI contribution will be 4.75% of my gross salary.
Now suppose I am having CTC pay method in a company, do I have to pay all 6.5% of ESI contribution from my pocket only? Is not employer responsible to pay his part of contribution @ 4.75%? People say that in case of CTC system, take home salary of employee will reduce by 6.5% if he is first time covered under ESI. What is all these ? How it all works?
Can any of you friends explain me the facts ?
Thanks and regards,
Janak Soni