In addition to Suhas Khambe i would also quote that ctc is a financial term and in that concept on only employer share component should be consider i.e gross salary+EPF contribution (employer share with admin charges)+esic (employer share) or group insurance cost on monthly basis+leave encashment on monthly basis+gratuity share on monthly basis+bonus or exgratia component on monthly basis and any other expenditure from the employer on the employees must be taken into consideration while calculation of CTC.
Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
252Thanks & Regards,
From,
Sumit Kumar Saxena
From India, Ghaziabad
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CTC-Salary Break Up.pdf
CTC Break up.xls