Dear All,
CTC
GROSS SALARY
NET SALARY
SALARY
BASIC + DA + SPL.ALL + HRD + CONV + OTHER ALLOWANCE = GROSS SALARY
GROSS SALARY - DEDUCTIONS (LIKE PF, ESI, PT, IT, OTHER DEDUCTIONS ) = NET SALARY
CTC = GROSS SALARY + EMPLOYER CONTRIBUTIONS TOWARDS PF + EMPLOYER CONTRIBUTIONS TOWARDS ESI + GRATUITY + SUERANNUATION CONTRIBUTION.
EMPLOYER WILL ALWAYS SPEAK ABOUT CTC.
WITH REGARDS
K.V.SELVARAJ.

From India, Coimbatore
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