CALCULATOR GUIDE
CTC vs Gross Salary vs In-Hand Salary
These salary terms describe different parts of compensation and should not be treated as synonyms.
PRACTICAL GUIDE
What to consider
Use this guide as a starting framework. Requirements, rules and opportunities can change, so verify important current information with the relevant official or authoritative source.
1. CTCCost to Company is a broad annual measure of what the employer spends on an employee and can include components that do not arrive as monthly take-home pay.
2. Gross salaryGross salary generally refers to salary before applicable employee deductions, subject to the structure used by the employer.
3. DeductionsTaxes, provident-fund contributions and other applicable deductions can reduce the amount actually received.
4. In-hand salaryIn-hand salary is the approximate amount received after applicable deductions from the salary components paid through payroll.
5. Compare like with likeWhen comparing job offers, check the detailed salary structure rather than comparing only the CTC headline.
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