Dear Friends,
I am working in an IT company as an HR Generalist. I need a favor from your side – my company wants to start an LTA Policy. I have gone through various sites, but I have only found information on tax deduction rebate and how we can claim that LTA amount. However, I am looking for a proper policy in which we can define the LTA amount for different bands of people. What procedure can I follow to create this kind of policy? If anybody can share their company's LTA Policy document with me, I would be very grateful.
Regards,
Pragya Yadav
From India, Delhi
I am working in an IT company as an HR Generalist. I need a favor from your side – my company wants to start an LTA Policy. I have gone through various sites, but I have only found information on tax deduction rebate and how we can claim that LTA amount. However, I am looking for a proper policy in which we can define the LTA amount for different bands of people. What procedure can I follow to create this kind of policy? If anybody can share their company's LTA Policy document with me, I would be very grateful.
Regards,
Pragya Yadav
From India, Delhi
Below is a link that might help you: https://www.citehr.com/131668-lta-po...#axzz14rY92EVI
From India, Pune
From India, Pune
Thank you a lot for this link; it's very beneficial. I wanted to ask how I can define the LTA amount for different bands of employees. These documents are related to Tax Rebate. I am looking for the LTA Policy.
Regards,
Pragya Yadav
HR Generalist
From India, Delhi
Regards,
Pragya Yadav
HR Generalist
From India, Delhi
Dear Pragya, Pls find the lta policy.You can change it according to your organization .However the the LTA calculation & tax exemptions will remain same as defined in the above link. Thanks
From India, Pune
From India, Pune
Please find the LTA policy. You can change it according to your organization. However, the LTA calculation and tax exemptions will remain the same as defined in the above link.
Thanks,
Regards
From India, Pune
Thanks,
Regards
From India, Pune
CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.