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Let's say your package is 5 lacs. You know that your PF is deducted from your salary. Considering components like performance incentive, gratuity, income tax, and other standard components, when you get your salary slip, you find that there is something missing. A portion of your salary is not documented. Surprisingly, when you calculate the missing amount, you find that it is equal to 12 times your monthly PF deduction. Hold on a minute here. Relax and unfold your salary slip. Now calculate your monthly gross income. Then annual gross and then try to confirm your CTC. You will find out yourself. Yes! The PF deduction that shows on your salary slip is the company contribution. Your contribution is not documented on your slip. It is documented no where, not even in the offer letter or the agreement letter. I have taken help from another blog to answer this question. Thanks to that person too. Vishesh Verma
What else can I help you with?
What you write in current ctc and in expated ctc?
what is means Current CtC and Exp Ctc
What is ctc asap?
CTC
When was CTC Media created?
CTC Media was created in 1989.
When was CTC - cycling - created?
CTC - cycling - was created in 1878.
When was TUTUN-CTC created?
TUTUN-CTC was created in 1924.
What is your current CTC?
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.
Can we use monthly CTC or there is only Annual CTC?
If company does not offer any annual benifits, we can also compute monthly CTC
What is ment by ctc in job application forms?
CTC = Cost To Company
What is net salary if ctc is 30000?
What is net salary if ctc is 30000
What is the meannig of Existing CTC per annum?
What is the meannig of Existing CTC
When was CTC Kingshurst Academy created?
CTC Kingshurst Academy was created in 1988.
What is the CTC Range?
CTC - Cost to company it means your overall package which you are drawing from the company
