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.
From India, Ghaziabad
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11LTA 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.
From India, Ghaziabad
Acknowledge(0)Amend(0)
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