What does the meaning of CTC?

CTC means Cost to Company, CTC is the concept primarily started with the American companies. Different parameters are used by different companies. However most commonly used items under the CTC is what the company spends directly on the employees excluding the cost of infrastructure (space, PC, air-conditioning, training etc)

It includes the salary directly paid to the employees, the benefits directly attract where company make a contributions like Provident Fund, Pension funds ( vary from country to country) Medical insurance premium, life insurance premium, cost of loans given to the employee ( some company even include the cost of the loan cost the employee is entitled but not taken) telephone expenses for mobile and home line.
Benefits offered for visiting the home country or hometown etc