Business & Finance
CCTC Full Form - What is Full Form of CCTC?
| Full Form: | Current Cost To Company |
|---|---|
| Category: | Business & Finance |
| Sub Category: | Accounting |
What is Meaning of CCTC?
CCTC is full form Current Cost To Company
What is Current Cost To Company?
CTC in colloquial terms is the cost an employer bears to hire and sustain its employees. Formula: CTC = Gross Salary + Benefits. If an employee's salary is ₹40,000 and the company pays an additional ₹5,000 for their health insurance, the CTC is ₹45,000.