View Single Post
  #3 (permalink)  
Old 12-11-2006, 01:50 PM
manojparanjape's Avatar
manojparanjape manojparanjape is offline
Join Date: Nov 2006
Location: nagpur
Posts: 2
Default Re: LTA & Ex-Gratia Payment

dear sweetu
basically exgratia is not a part of CTC. Hence question of paying or not paying does not arise.
LTA is part of CTC and it shuld be paid as per rulres of the company

Exgratia has no legal implications where as LTA if not paid will have legal implications
regards
manoj

Quote:
Originally Posted by Sweetu Aggarwal
Hi All,

I have recently joined this group & found it to be quite knowledgeable. Needs an help...

If we have LTA & Ex-gratia as a part of CTC, is the employee resigning from the organization entitled for the same or not. Is their any legal implication for the same or it depends on the company's policy??
Sponsors