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What is difference between Gross salay and CTC?
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HI,
GROSS SALARY:-
To my knowledge, Gross salary includes heads such as basic,
DA, special allowances, HRA, employers contribution to PF,
ESI, Gratuity and other monthly emoluments.
CTC:-
But CTC is Gross Salary + Bonus, Medical, LTA, and other
annual emoluments paid annually.
Simply speaking,
Gross Salary= basic+ DA+ special allowances+ HRA+CCA+ other
monthly emoluments
CTC = Gross Salary + Bonus + Medical + LTA+ other annual
emoluments paid annually
| Is This Answer Correct ? | 118 Yes | 27 No |
Answer / ved parkash chauhan
Gross Salary in which we DON'T include the contribution of
Employer (as ESI EPF LWF ETC.)
&
CTC= cost to company in which we GROSS SALARY +
contribution of Employer (as ESI EPF LWF ETC.).
| Is This Answer Correct ? | 49 Yes | 8 No |
Answer / om prakash
gross salary means inculcate all benefit ctc means cost to
company
| Is This Answer Correct ? | 43 Yes | 23 No |
Answer / ashok kumar
Gross Salary includes Basic,HRA, DA, Special Allowance and
other Allowances what we Get .
Gross Salary doesnot include Employee's share of
contribution in PF, ESi. These are Basically Deductions
from Gross Salary to Get Net Salary.
CTC means Cost to Company (gross salry + Employer's share
of contribution for Esi,Pf,LWF etc.)
| Is This Answer Correct ? | 22 Yes | 2 No |
Answer / kaushik
so whatever ur CTC is then the employers share of ESIC and
PF will be deducted from employees salary???
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / deepak
Gross salary is including with variables.
CTC means cost to company including gross salary+employers
share of contribution for ESI+PF+LWF Etc.
| Is This Answer Correct ? | 7 Yes | 4 No |
Answer / sajjan singh
Gross salry contain the part of basic
salry,Hra,Con,DA,s/allws,imploree share of Pf,Esi,Lwf and
other facilities.
CTC means gross salry + implorer's share of Esi,Pf,LWF etc.
| Is This Answer Correct ? | 15 Yes | 13 No |
Answer / amit
Gross Salary in which we DON'T include the contribution of
Employer (as ESI EPF LWF ETC.)
| Is This Answer Correct ? | 6 Yes | 5 No |
Answer / bharat
Gross Salary in which we DON'T include the contribution of
Employer (as ESI EPF LWF ETC.)
&
CTC= cost to company in which we GROSS SALARY +
contribution of Employer (as ESI EPF LWF ETC.).
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / malini
Gross salary includes Basic,DA,HRA,Medical Allowance, O.T &
all other allowances which are paid to an employee on
monthly basis.
The deductions from the gross salary like
ESI,PF,Proffessional Tax, Loan, Salary advance etc.. is the
NET PAY.
The annual benefits which the company provides like Bonus,
Ex gratia,Medical,LTA plus the salary what you get is the
CTC.
| Is This Answer Correct ? | 5 Yes | 5 No |
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