What do u mean by CTC.
- 4 Answers
- 7922 Views
- TATA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
CTC is stands for'Cost to the Company'. It means the total
cost that the Company is spending on you. But 'Gross' is
the total salary and benefits that you draw from a Company.
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / h.r. sreepada bhagi
CTC - Cost to Company is the term used to mean all
components of employee remuneration, that the company needs
to incur on an employee. This includes all indirect
benefits, and employer's contributions to various funds,
like EPF, ESI, Superannuation, pension, Insurance,
Incentives, Bonus, Exgratia, Perquisites, Stock Option,
Education facilities, etc. Gross Salary is always lesser
than the CTC.
One needs to know all the components of CTC while
negotiation the salary before joining a company, as the
employee may realise that his/her monthly salary is far less
than what was expected. One needs to ask the prospective
employer for detailed break-up before accepting an
employment offer.
| Is This Answer Correct ? | 5 Yes | 1 No |
When oustanding expense is give in the TB and corresponding expense is not then how will we the same? Eg.: Outstaning salary 100 given in the TB and salary for the month is not there to add oustanding with the same. In this situation how will we treat the same. Only in profit & loss account or in balance sheet or both or?
Tell me the steps for Import and Export Thanks
Explain the effect of closing stock on gross profit and net profit. comment on the financial health of their business.
fill in the Blanks A gift below __________from other than relatives will be exempted from income
what is brs
sir.i jitendra surati have a query.aboutloss settelment. i have loss of capital rs 26000/ and mr friend have loss of rs106000/- as capital. how to compensate the loss by sharing?how many i have to give to my friend ? (A)26000+106000=132000 and i have to give him 66000? or 40000 rs?
How to finalise the accounts of any private limited company?
What is the new name for Stock exchanges ? (recently)
selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety
What is Subsidiary book?Explain the different Books along with debit note& credit note?
what is liquidity crunch?
Define current worth,define net worth ratio.
Audit 
