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CTC Salary Meaning – Complete Guide to Cost to Company (CTC) in India

What is CTC Salary? CTC salary stands for Cost to Company. It is the total amount a company spends on an employee in a year. CTC includes the employee’s basic salary, allowances, bonuses, benefits, provident fund, insurance, incentives, and other company contributions. In simple words, CTC is the complete salary package offered by an employer…