Hi, I have an LTA option on my salary. For this my company is deducting Rs.2,000/- every month from last 8 months.Now I dont want the LTA option on my salary.when and How can i get the Rs.16,000(8*2000) ? Thanks in advance
RE:LTA
by harmayank sahai on Jan 16, 2008 05:12 PM Permalink
U will get the amount at the end of the financial cycle after tax deduction on the accumulated amount till that time.
Re: RE:LTA
by raju d on Jan 30, 2009 01:54 PM Permalink
Even My company is deductin in the same way. Thanks for the Answer 1.If the employee resign without completing 1 Yr is he eligible for LTA Exemption.
