What Is Net Salary Concept Of Net Salary And Gross Salary
What is Net Salary, Concept of Net Salary So, let us here try to make an attempt to understand the various terms associated with Income under the Head ‘Salary’. Cost to Company: It is basically the cost incurred by the company on hiring & sustaining the employee. Generally, it is similar to Gross Salary except for the difference of gratuity and Provident Fund. CTC includes all Allowances, Perquisites, Provident Fund, Medical Insurances, Gratuity, Pension etc....