What is difference between Gross salay and CTC?
Answer Posted / 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 |
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