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| Definition | : | Lakhs Per Annum |
| Category | : | Business » Business Terms |
| Country/ Region |
: | India
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| Popularity | : |
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| Type | : |
Initialism
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Lakhs Per Annum (LPA) is a unit of measurement used in India to express the annual salary or income of an individual.
LPA is often used as a unit of measurement for the Cost to Company (CTC) of a job offer in India.
CTC is the total cost of an employee to the company, including their salary and benefits. It is commonly used by companies to indicate the total compensation package offered to an employee.
Note:
1 Lakh is Rs. 1,00,000
1 LPA is equal to 100,000 rupees per year.
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The full form of LPA is Lakhs Per Annum
Lakhs Per Annum | Logic Programming Associates