I have declared my LTA as 40000rs. But I claimed only 25000rs. But I resigned In 25th-Feb-2010 itself. I have been working for 5yrs for this company. Now they are saying they will calculate LTA as pro-rata basis and hence I'll get only 10810 only instead of 14500. (Ofcourse taxes will be deducted on this)
My CTC doesnt have any seperate component as LTA. I could opt for LTA, then it'll be taken from Special Allowance.
Should I get 14,500rs or 10810rs? (before taxes apply)