{"id":4507,"date":"2024-08-06T16:30:34","date_gmt":"2024-08-06T11:00:34","guid":{"rendered":"https:\/\/www.rentomojo.com\/blog\/?p=4507"},"modified":"2024-08-06T16:40:45","modified_gmt":"2024-08-06T11:10:45","slug":"guide-to-ctc","status":"publish","type":"post","link":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/","title":{"rendered":"A Complete Guide to CTC: Definition, Components &#038; Tips"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Congratulations, you have landed your first job! However, the new job comes with new challenges and a lot of new learning. The first thing that will make you confused is what CTC means. Many people have a misconception that the cost to the company or CTC means the in-hand salary. Now, it is important to understand the difference between annual CTC and taxable income because the former is calculated by including salary and benefits, and the meaning of CTC is the total salary package. To help you understand \u201cwhat is CTC?,\u201d here is a detailed guide. You will find out what the cost to company means, how it is calculated, and the components you should keep in mind. Let\u2019s take a look below!\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_68_1 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #302d55;color:#302d55\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #302d55;color:#302d55\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#How_is_CTC_Calculated_in_Salary\" title=\"How is CTC Calculated in Salary?\u00a0\">How is CTC Calculated in Salary?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Components_of_CTC_or_Cost_to_Company\" title=\"Components of CTC or Cost to Company\u00a0\">Components of CTC or Cost to Company\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#1_Gross_Salary\" title=\"1. Gross Salary\">1. Gross Salary<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#2_Indirect_Benefits\" title=\"2. Indirect Benefits\">2. Indirect Benefits<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#3_Deductions\" title=\"3. Deductions\u00a0\">3. Deductions\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Is_CTC_the_Same_as_Gross_Salary\" title=\"Is CTC the Same as Gross Salary?\">Is CTC the Same as Gross Salary?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Example_of_In-Hand_from_Gross_Salary\" title=\"Example of In-Hand from Gross Salary\">Example of In-Hand from Gross Salary<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Calculate_PF_contributions\" title=\"Calculate PF contributions:\">Calculate PF contributions:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Calculate_total_deductions\" title=\"Calculate total deductions:\">Calculate total deductions:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Calculate_in-hand_salary\" title=\"Calculate in-hand salary:\">Calculate in-hand salary:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Calculate_monthly_in-hand_salary\" title=\"Calculate monthly in-hand salary:\">Calculate monthly in-hand salary:<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#So_How_to_Answer_%E2%80%9CWhat_Is_Your_CTC%E2%80%9D\" title=\"So, How to Answer \u201cWhat Is Your CTC?\u201d\u00a0\">So, How to Answer \u201cWhat Is Your CTC?\u201d\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#What_is_Taxable_Income_and_How_Is_It_Calculated\" title=\"What is Taxable Income and How Is It Calculated?\u00a0\">What is Taxable Income and How Is It Calculated?\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"#\" data-href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_is_CTC_Calculated_in_Salary\"><\/span><b>How is CTC Calculated in Salary?\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">CTC means Cost to Company; it\u2019s a term widely used in India to describe the total salary package of an employee. It refers to the amount of money an employer spends when hiring a new employee. So, the organisation pays a monthly wage and extra benefits to an employee at a cost to the company. Let\u2019s take a look at the formula of CTC to understand how it\u2019s calculated:\u00a0<\/span><\/p>\n<p><b><i>CTC = Gross Salary + Indirect Benefits + Savings\u00a0<\/i><\/b><\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.rentomojo.com\/blog\/salary-breakup\/\">A Quick, Simple Guide To Your Salary Breakup<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Components_of_CTC_or_Cost_to_Company\"><\/span><b>Components of CTC or Cost to Company\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">CTC has different elements and it is divided into three categories. Following are the components of CTC mentioned:\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Gross_Salary\"><\/span><b>1.<\/b> <b>Gross Salary<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Gross salary means the total amount of money that an employee earns before deductions such as pension contributions and taxes are taken out. It includes the base salary along with allowances and benefits.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Indirect_Benefits\"><\/span><b>2. Indirect Benefits<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Perks that employers pay for you on behalf of a company are indirect benefits. So, you will not have to pay for health insurance, meal allowances, travel allowances, dearness allowances, incentives, etc. It is added to your CTC as it is the cost to company. In India, the indirect benefits can be subjected to income tax. This is a way for companies to reduce the liability of the employees to pay taxes. It is important to clarify the take-home salary and taxes to maintain a transparent relationship between an employer and employee.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Deductions\"><\/span><b>3. Deductions\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Deductions refer to monetary value added to the CTC, such as EPF. The statutory deductions are income tax, professional tax, gratuity, and provident fund. Remember, the professional tax is based on the government and the income tax depends on the employee\u2019s tax bracket.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, you should remember that gratuity is an element of CTC. The Payment of Gratutity Act, of 1972 legalised it as a part of gratitude. The gratuity should be paid when you leave the company before 5 years of service as an ex gratia.\u00a0<\/span><\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.rentomojo.com\/blog\/how-to-file-income-tax-return-a-step-by-step-guide\/\">How To Save Money From Your Monthly Salary<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Is_CTC_the_Same_as_Gross_Salary\"><\/span><b>Is CTC the Same as Gross Salary?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The whole remuneration paid by an employee is considered as gross salary. The total compensation is CTC; however, the net salary is what you take home. It includes the take-home pay, including perks and allowances. So, your gross salary includes the basic salary, conveyance allowance, special allowance, HRA, and LTA. The CTC structure comes with many deductibles that come as a part of the overall salary. You will not get the deductibles in hand, and sometimes, it seems confusing. Always ask about the components when you get the job offer to get a clear understanding of the home salary. The take-home salary is the amount deposited in your account every month. So, you get the take-home salary after the necessary deductions such as PT, TDS, PF, etc.\u00a0<\/span><\/p>\n<table style=\"height: 400px;\" width=\"760\">\n<tbody>\n<tr>\n<td><b>Feature<\/b><\/td>\n<td><b>CTC (Cost to Company)<\/b><\/td>\n<td><b>Gross Salary<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Definition<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Total annual expenditure incurred by a company on an employee.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Total earnings of an employee before any deductions.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Components<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Basic salary, allowances, PF (employer&#8217;s contribution), gratuity, bonuses, incentives, insurance, etc.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Basic salary, allowances, performance-based pay, etc.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Negotiation Basis<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Often used as a starting point for salary negotiations.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Less common as a negotiation basis, usually discussed after CTC is agreed upon.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Transparency<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Often less transparent as it includes components not directly received by the employee.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Generally more transparent as it directly relates to the employee&#8217;s earnings.<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Tax Calculation<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Not directly used for tax calculations.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Forms the basis for income tax calculation along with other income sources.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Also Read: <a href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-epfo-member-portal-in-india-quick-and-easy-steps\/\">Guide to EPFO \u200b\u200bMember Portal in India: Quick and Easy Steps<\/a><\/strong><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Example_of_In-Hand_from_Gross_Salary\"><\/span><b>Example of In-Hand from Gross Salary<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Let\u2019s say, you earn \u20b97,50,000 per annum and the professional tax would be \u20b92,400 per annum. Then employer\u2019s and employee\u2019s contributions would be 12% of the basic salary. So, your basic salary would be \u20b94,00,000 per annum.\u00a0<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Calculate_PF_contributions\"><\/span><b>Calculate PF contributions:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><b>Employee&#8217;s PF<\/b><span style=\"font-weight: 400;\">: \u20b94,00,000 * 12% = \u20b948,000<\/span><\/p>\n<p><b>Employer&#8217;s PF<\/b><span style=\"font-weight: 400;\">: \u20b94,00,000 * 12% = \u20b948,000<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Calculate_total_deductions\"><\/span><b>Calculate total deductions:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><b>Professional Tax<\/b><span style=\"font-weight: 400;\">: \u20b92,400<\/span><\/p>\n<p><b>Employee&#8217;s PF<\/b><span style=\"font-weight: 400;\">: \u20b948,000<\/span><\/p>\n<p><b>Employer&#8217;s PF<\/b><span style=\"font-weight: 400;\">: \u20b948,000<\/span><\/p>\n<p><b>Total Deductions<\/b><span style=\"font-weight: 400;\">: \u20b92,400 + \u20b948,000 + \u20b948,000 = \u20b998,400<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Calculate_in-hand_salary\"><\/span><b>Calculate in-hand salary:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><b>In-hand salary<\/b><span style=\"font-weight: 400;\"> = Gross Salary &#8211; Total Deductions<\/span><\/p>\n<p><b>In-hand salary<\/b><span style=\"font-weight: 400;\"> = \u20b97,50,000 &#8211; \u20b998,400 = \u20b96,51,600 per annum<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Calculate_monthly_in-hand_salary\"><\/span><b>Calculate monthly in-hand salary:<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><b>Monthly in-hand salary<\/b><span style=\"font-weight: 400;\"> = \u20b96,51,600\/12 = \u20b954,300<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"So_How_to_Answer_%E2%80%9CWhat_Is_Your_CTC%E2%80%9D\"><\/span><b>So, How to Answer \u201cWhat Is Your CTC?\u201d\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">During an HR interview round, you are usually asked about your current CTC. Here are a few tips you should consider while talking about your CTC: <\/span><\/p>\n<p>1. Check the breakdown of your entire CTC mentioned in the appraisal or offer letter.<br \/>\n2. Check your fixed and variables like incentives and bonuses.<br \/>\n3. Have an understanding of your take-home salary after deductions.<br \/>\n4. Identify the additional perks and incentives you can get besides the net salary and other deductibles.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_is_Taxable_Income_and_How_Is_It_Calculated\"><\/span><b>What is Taxable Income and How Is It Calculated?\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Taxable income is a part of the total income and it is subjected to taxation. You can calculate it by eliminating the deductibles and exemptions from your gross income. Here\u2019s how you can calculate taxable income:\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">1. You can calculate the gross salary by including travel allowances, HRA, DA, and special allowances from the basic pay.<br \/>\n<\/span><span style=\"font-weight: 400;\">2. <\/span>Then deduct the professional tax, standard deductions, and HRA exemptions from the gross salary.<br \/>\n3. Include any bonus additional income from interest, etc. the amount you get.<br \/>\n4. Eliminate the deductions as mentioned under Sections 80D, 80C, and Chapter VIA of the Income Tax of India.<br \/>\n5. The amount you get is the taxable income. Now, the income tax slab and rate are applied as per the final income.<\/p>\n<p><span style=\"font-weight: 400;\">Now, you know what CTC in salary means and the components included in your offer letter. As there is no specific legal guideline about CTC, it can be misguiding. CTC in salary means many things, and a high CTC may seem appealing. After the deductions, your in-had salary may not seem impressive. As you dive into the professional world, it is essential to decipher the deductions and take-home salary. In case you notice some discrepancies, always reach out to your company experts for better understanding.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><b>Frequently Asked Questions<br \/>\n<\/b><b style=\"font-size: 16px;\"><\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b style=\"font-size: 16px;\">1. What is a CTC in salary?<br \/>\n<\/b><span style=\"font-weight: 400;\">CTC stands for Cost to Company and represents the total annual salary package an employer spends on an employee, including base pay, benefits, and taxes.<br \/>\n<\/span><\/p>\n<p><b>2. Does CTC include PF?<br \/>\n<\/b><span style=\"font-weight: 400;\">Yes, CTC includes PF. It&#8217;s a component that contributes to the total cost a company bears for an employee.<br \/>\n<\/span><\/p>\n<p><b>3. Is CTC monthly or yearly?<br \/>\n<\/b><span style=\"font-weight: 400;\">CTC stands for Cost to Company and represents the total annual expenditure a company incurs for an employee, including salary and benefits.<\/span><\/p>\n<p><b>4. Is CTC before or after tax?<br \/>\n<\/b><span style=\"font-weight: 400;\">CTC (Cost to Company) is the total salary package before any deductions. Your take-home salary is the amount you receive after taxes and other deductions are applied.<\/span><\/p>\n<p><b>5. Is joining bonus part of CTC?<br \/>\n<\/b><span style=\"font-weight: 400;\">Yes, a joining bonus is typically included in CTC. However, it&#8217;s a one-time payment and doesn&#8217;t reflect your regular salary.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Congratulations, you have landed your first job! However, the new job comes with new challenges and a lot of new learning. The first thing that&#8230;<\/p>\n","protected":false},"author":22,"featured_media":4508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.2 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Complete Guide to CTC: Definition, Components &amp; Tips | RentoMojo<\/title>\n<meta name=\"description\" content=\"Are you confused about what cost to company means? Did you know it is not the same as your take-home salary? Let\u2019s find out here!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Complete Guide to CTC: Definition, Components &amp; Tips\" \/>\n<meta property=\"og:description\" content=\"Are you confused about what cost to company means? Did you know it is not the same as your take-home salary? Let\u2019s find out here!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/\" \/>\n<meta property=\"og:site_name\" content=\"RentoMojo\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/rentomojo\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-06T11:00:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-06T11:10:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.rentomojo.com\/blog\/wp-content\/uploads\/2024\/08\/ctc-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1709\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rentomojo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@rentomojo\" \/>\n<meta name=\"twitter:site\" content=\"@rentomojo\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rentomojo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/\"},\"author\":{\"name\":\"Rentomojo\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#\/schema\/person\/519e9f57a7d063404f78ac96864ef74c\"},\"headline\":\"A Complete Guide to CTC: Definition, Components &#038; Tips\",\"datePublished\":\"2024-08-06T11:00:34+00:00\",\"dateModified\":\"2024-08-06T11:10:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/\"},\"wordCount\":1269,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#organization\"},\"articleSection\":[\"Reads\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/\",\"url\":\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/\",\"name\":\"A Complete Guide to CTC: Definition, Components & Tips | RentoMojo\",\"isPartOf\":{\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#website\"},\"datePublished\":\"2024-08-06T11:00:34+00:00\",\"dateModified\":\"2024-08-06T11:10:45+00:00\",\"description\":\"Are you confused about what cost to company means? Did you know it is not the same as your take-home salary? Let\u2019s find out here!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.rentomojo.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A Complete Guide to CTC: Definition, Components &#038; Tips\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#website\",\"url\":\"https:\/\/www.rentomojo.com\/blog\/\",\"name\":\"RentoMojo\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.rentomojo.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#organization\",\"name\":\"RentoMojo\",\"url\":\"https:\/\/www.rentomojo.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.rentomojo.com\/blog\/wp-content\/uploads\/2024\/07\/logo__avatar-1.png\",\"contentUrl\":\"https:\/\/www.rentomojo.com\/blog\/wp-content\/uploads\/2024\/07\/logo__avatar-1.png\",\"width\":150,\"height\":150,\"caption\":\"RentoMojo\"},\"image\":{\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/rentomojo\",\"https:\/\/twitter.com\/rentomojo\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#\/schema\/person\/519e9f57a7d063404f78ac96864ef74c\",\"name\":\"Rentomojo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.rentomojo.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c21217292bf17ef37bfbde679e32c7c8?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c21217292bf17ef37bfbde679e32c7c8?s=96&d=mm&r=g\",\"caption\":\"Rentomojo\"},\"url\":\"https:\/\/www.rentomojo.com\/blog\/author\/marketing-admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A Complete Guide to CTC: Definition, Components & Tips | RentoMojo","description":"Are you confused about what cost to company means? Did you know it is not the same as your take-home salary? Let\u2019s find out here!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/","og_locale":"en_GB","og_type":"article","og_title":"A Complete Guide to CTC: Definition, Components & Tips","og_description":"Are you confused about what cost to company means? Did you know it is not the same as your take-home salary? Let\u2019s find out here!","og_url":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/","og_site_name":"RentoMojo","article_publisher":"https:\/\/www.facebook.com\/rentomojo","article_published_time":"2024-08-06T11:00:34+00:00","article_modified_time":"2024-08-06T11:10:45+00:00","og_image":[{"width":2560,"height":1709,"url":"https:\/\/www.rentomojo.com\/blog\/wp-content\/uploads\/2024\/08\/ctc-scaled.jpg","type":"image\/jpeg"}],"author":"Rentomojo","twitter_card":"summary_large_image","twitter_creator":"@rentomojo","twitter_site":"@rentomojo","twitter_misc":{"Written by":"Rentomojo","Estimated reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#article","isPartOf":{"@id":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/"},"author":{"name":"Rentomojo","@id":"https:\/\/www.rentomojo.com\/blog\/#\/schema\/person\/519e9f57a7d063404f78ac96864ef74c"},"headline":"A Complete Guide to CTC: Definition, Components &#038; Tips","datePublished":"2024-08-06T11:00:34+00:00","dateModified":"2024-08-06T11:10:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/"},"wordCount":1269,"commentCount":0,"publisher":{"@id":"https:\/\/www.rentomojo.com\/blog\/#organization"},"articleSection":["Reads"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/","url":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/","name":"A Complete Guide to CTC: Definition, Components & Tips | RentoMojo","isPartOf":{"@id":"https:\/\/www.rentomojo.com\/blog\/#website"},"datePublished":"2024-08-06T11:00:34+00:00","dateModified":"2024-08-06T11:10:45+00:00","description":"Are you confused about what cost to company means? Did you know it is not the same as your take-home salary? Let\u2019s find out here!","breadcrumb":{"@id":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.rentomojo.com\/blog\/guide-to-ctc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.rentomojo.com\/blog\/"},{"@type":"ListItem","position":2,"name":"A Complete Guide to CTC: Definition, Components &#038; Tips"}]},{"@type":"WebSite","@id":"https:\/\/www.rentomojo.com\/blog\/#website","url":"https:\/\/www.rentomojo.com\/blog\/","name":"RentoMojo","description":"","publisher":{"@id":"https:\/\/www.rentomojo.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.rentomojo.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.rentomojo.com\/blog\/#organization","name":"RentoMojo","url":"https:\/\/www.rentomojo.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.rentomojo.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.rentomojo.com\/blog\/wp-content\/uploads\/2024\/07\/logo__avatar-1.png","contentUrl":"https:\/\/www.rentomojo.com\/blog\/wp-content\/uploads\/2024\/07\/logo__avatar-1.png","width":150,"height":150,"caption":"RentoMojo"},"image":{"@id":"https:\/\/www.rentomojo.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/rentomojo","https:\/\/twitter.com\/rentomojo"]},{"@type":"Person","@id":"https:\/\/www.rentomojo.com\/blog\/#\/schema\/person\/519e9f57a7d063404f78ac96864ef74c","name":"Rentomojo","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.rentomojo.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c21217292bf17ef37bfbde679e32c7c8?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c21217292bf17ef37bfbde679e32c7c8?s=96&d=mm&r=g","caption":"Rentomojo"},"url":"https:\/\/www.rentomojo.com\/blog\/author\/marketing-admin\/"}]}},"jetpack_featured_media_url":"https:\/\/www.rentomojo.com\/blog\/wp-content\/uploads\/2024\/08\/ctc-scaled.jpg","_links":{"self":[{"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/posts\/4507"}],"collection":[{"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/comments?post=4507"}],"version-history":[{"count":3,"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/posts\/4507\/revisions"}],"predecessor-version":[{"id":4511,"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/posts\/4507\/revisions\/4511"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/media\/4508"}],"wp:attachment":[{"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/media?parent=4507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/categories?post=4507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rentomojo.com\/blog\/wp-json\/wp\/v2\/tags?post=4507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}