During my annual appraisal my CTC increased significantly by my take home salary did not increase by that much - how are they different ?
Hi, CTC or the Cost To Company is the cost company bears for an employee - it includes basic salary and other allowances like HRA, Dearness Allowance, Conveyance Allowance, etc.
Whereas, take-home salary is computed after deducting taxes & contributions from CTC.
You can refer the guide on the difference between CTC and Take Home Salary on our learn center.
query : my annual salary is 18 lakhs . how much drawings can i show in my books of accounts ? is there any criteria for the drawings amount ? can i deduct drawings as expenses from my salary ?
The gross salary reduced by eligible deductions u/s 10 is taxable. You cannot claim any expenses from your salary.