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What is the full form ctc?

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Anonymous

11y ago
Updated: 9/24/2022

It expands to Cost To Company. It is that cost incurred by the company in employing someone. Contrary to what people think, an organization spends more amount than what consitutes a persons regular take home salary/benefit/perquisites. Apart from the visible components of income like Basic Salary, DA, HRA, TA etc etc, the CTC also includes company's share of Superannuation fund, Provident fund, Gratuity, Car maintenance/fiance charges etc. soft loans/interest free loans, leave with pay for education, stock options, medical insurance and so on.

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Rubie Moen

Lvl 10
3y ago

What else can I help you with?