No Tags Found!

sethuvinayagam
Dear All, I have some doubts regarding Holiday Allowance. In My CTC they didn't mention any Holiday Allowance Package.
But in Annexure they mentioned as "Holiday Allowance is the payable maximum up to INR 50,000 spread over 12 months."
Kindly Clarify whether this amount is claimable???
Thanks in anticipation.

From India, Tiruppur
Shailesh Parikh_HR Pro
300

Dear Sethu
Rs. 50,000/- has been included in your total CTC package ? If Yes...this may refer to Leave Travel Allowance.
This component carry Income Tax Benifits for employees subject to conditions laid down in IT Act, for further information may refer the link
Taxability of Leave Travel Allowance (LTA).
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65

From India, Mumbai
sethuvinayagam
Dear Shailesh Parikh Holiday allowance are not included in CTC. I quite confuse about this holiday allowance.??? Regards Sethu.
From India, Tiruppur
RAMESH RAO RAMADUGU
13

Dear Sethu,
Actually your employer should not mention Holiday Allowance in CTC.
If mentioned, you can't claim the same in any way. You can automatically get the same if you attend your duties on Declared Holidays subject to a maximum of INR 50,000 per annum.
Regards,
Ramesh Rao

From India, Hyderabad
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.