Why all pay is ctc but all ctc is not pay?

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Stella Bartell asked a question: Why all pay is ctc but all ctc is not pay?
Asked By: Stella Bartell
Date created: Thu, Jun 10, 2021 9:55 PM
Date updated: Sat, Jul 2, 2022 12:07 PM

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Top best answers to the question «Why all pay is ctc but all ctc is not pay»

That's because basic pay and DA have a bearing on other benefits, too, such as EPF and gratuity. If your basic pay and DA come down, your gratuity and EPF come down, too… But if your employer contributes less to your EPF account, your CTC will fall since they are putting less in your retirement account than before.

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