How is CTC calculated in salary?
How is CTC calculated in salary? Formula: CTC = Gross Salary + Benefits. If an employee’s salary is ₹40,000 and the company pays an additional ₹5,000 for their health insurance, the CTC is ₹45,000. Employees may not directly receive the CTC amount as cash. How is hand salary calculated from CTC in India? Usual salary […]