Hi,
Want to know when is LTA typically paid to an employee. For example, an employee has an LTA package of Rs. 15000 p.a. When should the employee actually get the LTA amount to him. Is it to be paid on March, at the end of the financial year, after deducting the tax for it, supporting travel bills etc. Should it be in march.
Please do let me know.
Cheers
Nikhil
Want to know when is LTA typically paid to an employee. For example, an employee has an LTA package of Rs. 15000 p.a. When should the employee actually get the LTA amount to him. Is it to be paid on March, at the end of the financial year, after deducting the tax for it, supporting travel bills etc. Should it be in march.
Please do let me know.
Cheers
Nikhil