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Answer Posted / saima
ctc mean COST TO COMPANY
This includes : GROSS SALARY + incentives that are provided
from the firm .
incentives includes many things like meal , medical
facilities, phone facilities, house facilities , travel
allowance etc.
THE SUM OF ALL THE REWARDS AND BENEFITS PROVIDED TO AN
EMPLOYEE FROM THE EMPLOYER + THE SALARY IS TERMED AS "COST
TO COMPANY"
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