Cost-to-company (CTC)? Income Tax? Taxable Income?? (Video)

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So, we were waiting for a client at a coffee shop and happened to overhear a young man at the next table speaking with his friends regarding his first job. Naturally, being newly employed, he was excited about the work and the workplace. However, he was complaining about how the salary structure was confusing and how he did not completely understand the concept of CTC.

We have gone through this conversation several times over the years and have found it tough to explain things clearly to anyone in the first try. So, we looked around and dug a little bit and stumbled upon this neat video by The Family Computer Club .

Now, if only we had asked the young man for his email id!

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