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6 LPA In-Hand Salary – Monthly Salary Breakdown, Tax, and Benefits

What Does 6 LPA Mean? 6 LPA means 6 Lakhs Per Annum, which refers to an annual salary package of ₹6,00,000 offered by a company. It is one of the most common salary packages for freshers and mid-level professionals in India. Many employees often get confused between CTC (Cost to Company) and in-hand salary. A…

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…