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CTC vs In-Hand Salary: Decoding Your Offer Letter Components
Cost to Company (CTC) includes direct cash payments, indirect retiral contributions (Employer PF, Gratuity), and non-cash perks.
CTC breakdown, take-home salary, EPF, Gratuity, and Professional Tax.
Cost to Company (CTC) includes direct cash payments, indirect retiral contributions (Employer PF, Gratuity), and non-cash perks.
Under the Employees' Provident Funds Act, 12% of your Basic + DA is deducted as Employee PF and matched by the employer.
Gratuity is a statutory monetary benefit provided by employers to employees in recognition of long-term continuous service.