CTC vs In-Hand Salary Components Explained
Your CTC contains direct allowances (Basic, HRA, Special Allowance) and indirect employer contributions (EPF, Gratuity, Medical Insurance). Understanding these components helps you negotiate better compensation.
Frequently Asked Questions (FAQs)
What is the difference between CTC and In-Hand Salary?
Cost to Company (CTC) is the total amount an employer spends on an employee, including Employer PF, Gratuity, Health Insurance, and bonuses. In-Hand Salary is the actual cash credited to the employee's bank account after deducting Employee PF, Professional Tax, and TDS.
