You must hear this term and you may curious about CTC full form, today we are going to learn and understand the full form of CTC and its meaning. We use the term CTC frequently therefore, it is may necessary to know its full form. Let’s start to learn and understand what does CTC means?

CTC Full Form

The fullform of CTC is, Cost To Company, 

C – Cost 

T – To 

C – CompanyCTC Full Form

The meaning of CTC has Cost To Company which is a term for the total salary package of working professionals and it is used in countries such as India and South Africa. If an employee’s salary is 600000 and the company pays an additional 50000 for their health insurance, the CTC is 650000 which the employee may not directly receive the CTC amount.   

CTC Tea Full Form

The full form of CTC in tea is Crush Tear Curl

C – Crush

T – Tear

C – CurlCTC Tea Full Form

In tea the CTC meaning is Crush Tear Curl or sometimes Cut, Tear, Curl which is a method of processing black in which the tea leaves are passed through a series of cylindrical rollers with hundreds of shapes teeth that crush, tear, and curl the tea into small and hard pieces. 

Current CTC Full Form

The full form of current CTC has Cost To  Company

C – Cost 

T – To 

C – CompanyCurrent CTC Full Form Current CTC means Cost To Company which is an employee now has and it is a term for the total salary package of working professionals, used in countries such as India and South Africa. If an employee’s salary is 700000 and the company pays an additional 50000 for their health insurance, the CTC is 750000 which the employee may not directly receive the CTC amount. 

CTC Full Form In Medical

In medical the full form of CTC is Circulation Tumor Cells

C – Circulating

T – Tumor

C – CellsCTC Full Form In Medical

In medical CTC means Circulating Tumor Cells which is a rare set of cells found in the blood of patients with solid tumors 

CTC Full Form In Banking

The full form of CTC in banking has Cost To Company

C – Cost 

T – To 

C – CompanyCTC Full Form In Banking

In banking meaning of CTC is Cost To Company which is related to the total salary package of working professionals used in countries such as India and South Africa. It represents the total amount of expenses an employer spends on an employee during one year. 

CTC Full Form In Salary Slip

In salary slip, full form of CTC has Cost To Company

C – Cost 

T – To 

C – CompanyCTC Full Form In Salary Slip

In the salary slip, the meaning of CTC has Cost To Company which is related to the total salary package of working professionals, used in countries such as India and South Africa. It represents the total amount of expenses an employer spends on an employee during one year. 

Expected CTC Full Form

The full form of expected CTC has Cost To Company

C – Cost 

T – To 

C – CompanyExpected CTC Full Form

The expected CTC means the amount of Cost To the Company which is expected by the candidate after or during an interview which is related to the total salary package of working professionals and it is used in countries such as India and South Africa. It represents the total amount of expenses an employer spends on an employee during one year. 

CTC Stand For

In salary, CTC stands for  Cost To Company

C – Cost 

T – To 

C – Company

FAQ

How Is CTC Calculated In Salary?

CTC is calculated in salary by the following method, 

CTC = Earnings + Deductions. 

And Earnings = Basic Salary + Dearness Allowance + House Rent Allowance + Conveyance Allowance + Medical Allowance + Special Allowance 

Hence CTC is the sum of Gross Salary and Benefits. 

What Do You Mean By A CTC Salary Of 18000?

CTC salary 18000 means a salary package that includes gross salary and benefits. 

What Are CTC And Gross Salary?

CTC salary means a salary that take-home salary after all deductions. 

What Is The Current CTC?

Current CTC means Cost To Company which is an employee now have and it is a term for the total salary package of an employee. 

Conclusion

In this article, I mentioned every the full form and meaning of CTC in easy and lucid language and also the calculation method of CTC in salary. After reading this article you understand the full form of CTC and you won’t need to search it again and you never get confused in the CTC full form. 

 

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CTC Full Form

 

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