Tag Archives: #IncomeDetails

CTC ( Cost to Company) Vs Gross Salary

CTC VS Gross Salary CTC (Cost to Company): Cost to company represents the total expenditure incurred by a company on an employee annually. It encompasses not only the basic salary but also various allowances, perks, and benefits provided by the employer.   Components: 1. Basic Salary: The foundational component of CTC, usually constituting a significant… Read More »

Salary Slip Components

Salary Slip Components   A Salary slip components is a document issue by an employer to an employee detailing their earnings and deductions for a specific pay period. It includes information such as basic salary, allowances, taxes, and deductions. Salary slips serve as proof of income and provide transparency in the employer-employee relationship. Salary Slips… Read More »