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 net salary if ctc is 30000
What is the meannig of Existing CTC
Clear to close.
I think u get about 1 Crore and 46 Lacs. As on 2012 its 1 Crore and 40 Lacs, but I think old notes have more value so u could get more than 1 Crore 40 Lacs.
what is the difference between gross salary and CTC
CTC : Cost To Company 79 lacs : 7,900,000 (79 * 100,000) This means the company has to pay 7,900,000 a year to cover the expenses (salary, taxes, other benefits) of a given employee.
To write "CTC" in lacs in numeric value only, you would convert the amount to the nearest lakh. For example, if the CTC is 5,00,000 INR, you would write it as 5.00 lacs. This means the amount is 5 lakh rupees.
here is the split up basic 255000 fbp 230000 stip 300000 medical 15000 pf 300000
Certified travel consultant/counselor
what is means Current CtC and Exp Ctc
CTC
CTC Media was created in 1989.
CTC - cycling - was created in 1878.
TUTUN-CTC was created in 1924.
CTC refers to the current Cost to Company. CTC is a term that is used to describe an investment without a return. Things like the travel expenditures and interviewing are usually interpreted as CTC's.
If company does not offer any annual benifits, we can also compute monthly CTC
CTC = Cost To Company