CTC (Cost to Company)

The total yearly cost of an employee, including fixed pay, variable pay and benefits.

In India, salaries are quoted as CTC per year, usually in lakhs (LPA). CTC includes basic, HRA, allowances, employer PF, gratuity provision and sometimes variable pay, so take-home is lower than CTC divided by twelve.

LPA (Lakhs Per Annum)Expected CTC In-hand salary

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