Ratna R.
1

Dear Seniors,
Can you guide me in calculating L.T.A. in a CTC breakup. What can be the percentage or what is the criteria. As i have to put this new component in revised CTC of our employees. So tell me how can i go about it?
ratna

From India, Vadodara
swethaguntur
Hi,
Well there is no fixed proportion for LTA that you can put...it would be a part of your Flexible Benefits. It is a Tax Benefit Provided by your company. Ususally FB is 30% of your Basic. LTA is the balance amount left after claiming for Medical & Conveyance and the max limit for Medical is Rs. 15000 pa and Coneyance is Rs. 9,600 the amount left after claiming these 2 can be for LTA
Swetha

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.