Ctc Information

Dear Kanaka Durga,CTC includes all compensation and benefits given by the company to employees, which encompass company accommodation, car, employer's contributions to PF/ESI, gratuity, bonus, LTA, incentives, etc. It also typically includes leave encashment, al...

Hi Kanaka Durga, As rightly said by Mr. Kumar Sambhab Amar Ayoti Nayak, CTC is the total cost a company spends directly in terms of the wages to the employee.More in detail, Take Home = Basic Pay + HRA + DA + Transport Allowance (if applicable) + Shift/Attendanc...

Hi all,May I know the exact meaning of CTC? I am a bit confused between CTC and Gross CTC. Kindly help with the same.

According to my point of view, there is no gross CTC. There is CTC and gross salary or gross pay.GROSS SALARY: Gross salary includes components such as basic pay, DA, special allowances, HRA, employer's contribution to PF, ESI, Gratuity, and other monthly emolum...

Hi Keshav,As far as I understand CTC, unless I am very much mistaken, apart from PT, ESI & PF are also deductions (though these are paid back to the employee) and yet part of CTC. Any expense spent, apart from operational expenses like seat cost, electricity pay...

CTC means Cost to Company. It includes:1\. Fixed salary, i.e., Basic, DA, HRA, PF, PT.2\. Variable salary, i.e., Incentive, Bonus, all allowances, Performance pay.3\. Benefits, i.e., holiday package, telephone, medical, leased accommodation.These components toge...

Madam,As rightly pointed out by some members, it's the total expenditure incurred on an employee (may be remuneration/wage) on a per-year basis. The standard deductions and matching contributions like PF (as per Govt. norms from the company side) also need to be...

Dear Professionals,Please share information about CLC and DGMS annual return procedure, applicability, and returns?