 Is LTA applicable
LTA APPLICABLE ?
Similar is the case with me. However, i was in the company for a period of 10 months. I was in a company (private bank) for the period May 2007 to Mar 2008 in Mumbai. I was on probation from May to Nov 2007 and confirmed w.e.f November 2007.
The attachment was my salary structure in the previous organisation where the LTA was also included in my Annual CTC. You may also refer the same.
After putting my resignation and before the full and final settlement, I had orally asked HR for payment of LTA. However, the HR informed that this is applicable to employees who have completed one year of service.
My appointment/offer letter of my company stated the following w.r.t LTA.
You are entitled to claim LTA only after completion of one year of service in the company.
Can you confirm whether I can claim LTA from them and if they inform that I am not eligible, how should I proceed further in the matter to claim LTA.
Thanks & Regards
Srinivas Mani
09833418230
Email :shrinivasmani@yahoo.com
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