Why my monthly salary is less than ctc

Others 752 views 4 replies

I just wanted to share with you the www.simplifiedlaws.com blog post. Let me know what you think.

 

Ten reasons why your Take Home Salary is much lesser than the CTC

 

 Cost To Company (CTC) is the gross salary offered by a company to its employees. CTC was not a popular jargon of old India. The new generation companies, Multi-National Companies (MNC) use this jargon quite often. The employees will find it hard to digest the fact of getting a salary much lesser than CTC. Let’s analyze the reasons. [click to continue]

 

Thanks

Replies (4)
I dint get one point. How is that Both employer n employee's contribution is deducted from employees salary ?
Especially PF contribution.....kindly explain
Originally posted by : Mihir Kulkarni
I dint get one point. How is that Both employer n employee's contribution is deducted from employees salary ?

Employer contribution to PF is not deducted from employee salary. However both employee and employer contribution towards PF is form part of Cost to Company(CTC). 

OK Thanks :) Now it is clear :)


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