This artcle talks well about the procedures to make a claim for LTA. But it does not talk about maximum limit of LTA claim. In case if it depends on one's basic salary etc. Suppose my employer sets only Rs. 5000 as LTA. Do you think that this amount is enough to travel somewhere with my family?
It would be nice if you through some light on this. Thanks, Sachi
RE:All you need to know about LTA
by Rafiq Raja on Nov 14, 2007 12:49 PM Permalink
LTA is normally decided by your employer. Basically it has to be one month salary of yours for the year. If that is fixed as 5000 rs. then that's the maximum you can spend.
