Hi Friends,
I have one query related to the above subject. One of my colleagues has applied for LTA for the previous year, i.e., for 2007, but his request was declined. The HR person gave the explanation that as he has claimed full leave encashment, he is not eligible to claim for the LTA.
Note: The LTA package is included in our CTC, and we can claim this year's LTA the following year only. Therefore, it is not included in our monthly package.
According to me, the LTA is in our CTC package, and we are entitled to receive the LTA whether or not we apply for leave encashment.
Please advise me if I am wrong.
Thanks,
Viji
I have one query related to the above subject. One of my colleagues has applied for LTA for the previous year, i.e., for 2007, but his request was declined. The HR person gave the explanation that as he has claimed full leave encashment, he is not eligible to claim for the LTA.
Note: The LTA package is included in our CTC, and we can claim this year's LTA the following year only. Therefore, it is not included in our monthly package.
According to me, the LTA is in our CTC package, and we are entitled to receive the LTA whether or not we apply for leave encashment.
Please advise me if I am wrong.
Thanks,
Viji