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Limit of LTA , Income Tax |
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Limit of LTA |
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What is the limit of LTA a salaried employee can claim in a year . Is it a percentile of the basic or fixed to be availed twice in a block of 4 years. Posts / Replies Showing Replies 1 to 3 of 3 Records Page: 1
LTA has to be availed twice in a block of 4 years. Currently from 2010 - 2013 is the block year for claiming the LTA.
Yes, LTC can be availed twice in a 4 year block period, but one is for Home Town LTC and the other is for All INdia LTC.
Wanted to know what is the Limit of the amount a salaried employee can claim ? Is it linked to - a percentile of the basic or - is it limited by an X amount t one can claim in a year or - is it the actuals that can be claimed. Page: 1 Old Query - New Comments are closed. |
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