Understanding LTA and Insurance in CTC: Are They Part of Your Gross Salary?

Dear Seniors, Kindly guide on the following two queries:

LTA in Gross Salary or CTC?

1. Is LTA a part of Gross Salary or CTC? To my knowledge, LTA is to be paid at the end of the financial year, so it can't be included in the gross salary. Am I right or wrong?

Insurance Cover and CTC

2. If a company has an insurance cover of Rs. 5 Lakhs per employee, can a nominal premium be included in the employee's salary as a part of other benefits which make CTC?

Please guide. Thank you in anticipation.

LTA Payment and Inclusion in CTC

LTA is paid either at the end of the year or monthly on a pro-rata basis as per company policies. It is part of CTC.

Medical Insurance Premium in CTC

Medical insurance premium is included in CTC.

Regards,
Pon