Is the salary given as per month or per year?
Answer (1)
Student Expert
16th Jan, 2019
Dear Aviraj, when there is an offer letter given, there are two categories that you see. CTC and Net Income. CTC is "Cost to the Company" which is a raw amount that the Company has chosen to spend on you including. Net Income is what you take home. And these are calculated per annum. And when you get a pay slip, it is shown as per month and for the month that you have worked. So, if it is a package that you ever hear, then it is Per Annum and not per month.
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