What is the difference between CTC and take home salary?

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.