Question { TVS, 46278 }

What is difference between Gross salay and CTC?

Answer

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