I would like to know LTA rules in INDIA and as per the rule LTA can claim twice in 4 calander year, means if my basic salary is 15000 in one year and 17000/- in next year. so my eligibility is for 15000+17000=32000 rs. for LTA, so when i will claim the LTA reimbursement i should claim 15000+17000=32000 and avail the exemption of rs. 32000 for that year, is it so?:confused: please reply on urgent basis.
From India, Pune
From India, Pune
Hi, Our company declared 1 month basic as LTA, Will LTA amount is proportionally reduced with Loss of pay ( or) Full basic amount is to be paid.
From India, Madras
From India, Madras
Hi all,
Can I claim the LTA for 2009-10 by clubbing it with my LTA for 2010-11 and for the travel I did this year (10-11).
i.e if my basic in 09-10 was Rs. 10,000/- and this yr for 10-11 is Rs. 12000/- can I claim an amount of 10000 + 12000 = Rs. 22000/- for a travel I made this year?
Also, I did not avail any leave in 2009-10 as I just joined the Co. and did not have much of leave
Regards,
Ltreginald
From India, Ponda
Can I claim the LTA for 2009-10 by clubbing it with my LTA for 2010-11 and for the travel I did this year (10-11).
i.e if my basic in 09-10 was Rs. 10,000/- and this yr for 10-11 is Rs. 12000/- can I claim an amount of 10000 + 12000 = Rs. 22000/- for a travel I made this year?
Also, I did not avail any leave in 2009-10 as I just joined the Co. and did not have much of leave
Regards,
Ltreginald
From India, Ponda
In my Company i have applied for LTA since In last year i have worked only 217 days,
management is saying that you cant apply for LTA since you have not completed 240 working days in last year.
They granted me 7 Pl on prorata basis ( as per company policy employee should take minimum 6 days PL for claiming LTA )
please tell me whether im eligible for LTA or not
as well as for bonus also
From India, Thane
1management is saying that you cant apply for LTA since you have not completed 240 working days in last year.
They granted me 7 Pl on prorata basis ( as per company policy employee should take minimum 6 days PL for claiming LTA )
please tell me whether im eligible for LTA or not
as well as for bonus also
From India, Thane
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LTA Policy.doc