Understanding CTC vs. In-Hand Salary: Can a 14000 CTC Result in Just 8000 Take-Home?

Dear members,

How is the CTC of a person and their in-hand salary, or the salary they receive in their account, decided? Is it possible for a person's CTC to be 14000, and they only receive 8000 in hand?

Thank you.

Hi,

You need to understand that the CTC is the cost to the company, and net salary is the salary credited to the employee on a monthly basis. Yes, it is possible that the CTC is $14,000 and the net is $8,000, depending on what heads are counted or included in the CTC.

Thank you.