What is net salary if ctc is 30000
what is the difference between gross salary and CTC
CTC in lac(s) means Cost To Company in Lacs(Lakhs). Cost To Company is the total cost to employ a given person (e.g. you) Lac is a unit of 100,000 (one hundred thousand). E.g. if your annual salary is $120,000 and the company has to pay 25% tax after your salary, the CTC in Lacs is $120,000 * 1.25 / 100,000 = 1.5 .
What is the meannig of Existing CTC
Clear to close.
Whether a single person can live off of a salary of $30,000 a year will depend on where the person lives and lifestyle the person leads. It is possible with the right budgeting, however.
CTC Salary Calculation Formula?
Rs.8,000/-
what is the difference between gross salary and CTC
30000
30000
More Clearly... CTC stands for COST TO COMPANY this includes : GROSS SALARY + incentives that are provided from the firm . incentives includes many things like meal , medical facilities, phone facilities, house facilities , travel allowance etc. THE SUM OF ALL THE REWARDS AND BENEFITS PROVIDED TO AN EMPLOYEE FROM THE EMPLOYER + THE SALARY IS TERMED AS "COST TO COMPANY"
30000-90000
30000
30000
CTC stands for - Cost to Company is the total cost that an organization is spending towards their employee including the salary, perks, etc.
i think salary must be 30000
This is termed as your "Gross Salary" or "Net Salary".