Dear SK,
You have received a number of replies and among them the inputs from Ashish Ovekaker is the most comprehensive and reflective of 'CTC'. I fully endorse his views. All cost related to an employee would be 'cost to company' - and it has become a practice to ignore some basic common benefits like uniforms, subsidised food, annual gifts, cost of festival / personal advances etc. They are more by exception than rule.
Venkatrangan
You have received a number of replies and among them the inputs from Ashish Ovekaker is the most comprehensive and reflective of 'CTC'. I fully endorse his views. All cost related to an employee would be 'cost to company' - and it has become a practice to ignore some basic common benefits like uniforms, subsidised food, annual gifts, cost of festival / personal advances etc. They are more by exception than rule.
Venkatrangan