Your monthly in-hand salary is the actual amount that remains after taking away all the deductions from your gross salary. For instance, if your CTC is ₹7.5 lakhs and the company pays you ₹50,000 as a bonus each year, then your Gross Salary = CTC – Bonus = ₹7.5 lakhs –...
What is gross salary? Do you know the difference between CTC and gross salary? Read on to understand what these terms mean and how to calculate gross salary from CTC.