See how PF, gratuity, tax and other payroll items turn a CTC figure into monthly take-home pay.
CTC is the employer’s total annual cost, not the amount paid into your bank account. It can include employer PF, gratuity, insurance and variable pay.
Gross salary is reduced by employee PF, professional tax, income tax and other deductions to reach take-home pay.
Read the offer’s salary structure carefully because two identical CTC figures can produce different monthly pay.