If Pvt. Ltd company is providing Transport and meal for 100% company 's cost or 50 % company's cost, is and which part is comprised of CTC
4 Replies
Saravanan nagaraj
(463 Points)
Replied 13 February 2024
Non-monetary components which are not involved in money. If you receive anything from company in the form or mode of money. It is called monetary CTC.
sabyasachi mukherjee
(27537 Points)
Replied 18 February 2024
Non monetary ctc components can be valued on a larger scale.
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 18 February 2024
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