CTC of Company, Basic Salary, Gross Salary The excitement of getting the first job is punctured on getting the first pay. It is usually less than what the fresher employee expected. Usually, in the campus interviews company advertise their Cost to Company (or CTC) and people mistake their s...
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.
Net income typically means the amount of income left over after you pay your income tax or get a tax refund. What is gross income? Gross income is the total amount of income you receive from all sources before any taxes or other deductions are taken out. This includes your sal...
for his/her contribution to the organisation. It is not just the basic salary but also includes the incentives and fringe benefits. There are a number of instances when gross salary is misconstrued with CTC, but there is a thin line of demarcation amidst the two. ...