here I am kindly requesting how to arrive at ESIC amount in CTC concept.I know ESIC will be calculated @ 4.75% on Gross amount.. kindly share CTC calculation with ESIC benefit with percentages.
Cost to company (CTC) is a term for the total salary package of an employee, used in countries such as India and South Africa. It indicates the total amount of expenses an employer (organization) spends on an employee during one year.
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