bijeshjo

"Hi Bijesh, Thank you for your message. As you mentioned, in this case, the LTA is included in the CTC as the employer’s contribution annually. My wife is new to this company, and everyone in that company is submitting bills and taking leaves to claim the LTA. When I confirmed with HR, he said it’" ... (more)

"Hi all, I have a question regarding claiming LTA as taxable. My wife’s CTC comes under 1.5 Lakh (Below tax brackets) and the company is deducting Rs. 700 per month for LTA. My question is, as she doesn’t fall under any tax bracket, can she request for her accumulated LTA (taxable) to be include" ... (more)